Retaining a Subrogation Attorney – 2
The contingency fee, with an insurer that can afford to pay hourly rates, is unfair to both the insurer and attorney. For the insurer, the contingency fee is usually unprofitable. For the attorney, it is a no-win situation, since the insurer asks that the bad cases be taken on a contingency and the good cases be taken on an hourly basis. The insurer should have an agreement with the attorney to do all of its subrogation work on either a contingency or an hourly basis.
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