Plaintiff’s Personal Injury (NYC): A Radically Changed Business [Small Firm]

June 5th, 2016 / By I Am The Law

When most people are injured in car wrecks or at work, they can’t afford to pay a lawyer an hourly fee out of pocket to win their case against a large corporation or their insurance company. That’s why attorneys for the plaintiffs in these lawsuits use a contingency fee, which pays the lawyer about a third of the total settlement or verdict — but only if the plaintiff wins. That amount covers the work done by the lawyers, and compensates them for the risk of no payout.

In this episode, Dan Minc, a 1977 graduate of Seton Hall School of Law, discusses how he managed to rise up to his firm’s managing partner after starting there as a first-year lawyer. He also talks about how he builds his book of business and what he assesses when determining whether to take a client. After all, he’s only paid if his client wins.

This episode is hosted by Derek Tokaz, an academic writing teacher at American University. It is sponsored by ShouldIBeALawyer.com and Top-Law-Schools.com.

Episode Links

• Contingency Fee Alternative: Legal Expenses Insurance
• Rosenberg, Minc, Falkoff, & Wolff
• Daniel Minc Profile

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