Frequently Asked Questions
Q:
I'm broke. How do I fund a lawsuit?
A:
You don't need money. If your case has merit and
you sustained significant damages, we prosecute
your case on a contingency basis. That is, we
file a lawsuit, pay all the litigation costs,
and do whatever it takes to maximize your recovery.
The decision on whether to settle is ultimately
up to you. What's in it for us? We get 1/3 of
the recovery (25% for minors and 40% should the
case go to trial) and reimbursement of our out-of-pocket
costs. If there is no recovery, there is no fee
to you.
Q: How much is litigation
going to intrude into my life?
A:
Approximately 3-5 hours of your time is needed
in the average case. After retaining us, the typical
client will spend 1-3 hours responding to written
requests about details pertaining to the case
and 2 hours answering deposition questions. The
written responses usually occur 3-4 months after
retaining us and the deposition usually occurs
5-6 months into the case. Over 95% of our cases
settle, so these representations will probably
pertain to you.
Q: How long will it take?
A:
Over 90% of our cases are settled within one year
of our retention. The remainder are concluded
within two years.
Q: What if I switch lawyers? Will it cost
me more?
A:
No. If for some reason you're not satisfied with
your present lawyer you can retain us on the usual
contingency basis. We arrange the file transfer
and then we pay your former lawyer from our fee.
Your recovery remains the same, as if there never
was a former lawyer.
Q: How long do I have to file a lawsuit?
A:
As usual, it depends. The garden-variety negligence
case, such as a traffic collision, is two years
after the incident. However, a minor has until
his or her nineteenth birthday for all incidents
occurring before January 1st, 2003, and until
his or her twentieth birthday for all incidents
occurring thereafter. Other claims, such as breach
of contract, fraud, and breach of the covenant
of good faith and fair dealing must be filed between
one and three years after the incident, or in
some cases, after the discovery of liability or
damages. The pertinent rules are determined by
the circumstances.
1 (877) Traut Firm
Email: james@trautfirm.com
or eric@trautfirm.com
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