Do Lawyers Add Much Value to the Majority of Claims?
Before you decide whether to hire an attorney…
Did you know that a 1999 study found that insurance companies pay higher settlements to injured people who use an attorney than those who do not?
It’s true. In 1999, the insurance industry performed a study to find out if people who had accident claims received more money in settlement by using an attorney than those people who settled on their own. The study was performed by the Insurance Research Council, a non profit organization that is supported by leading property and casualty insurance companies across the United States. The mission of the IRC (IRCweb.org) is to advance the insurance industry’s view on matters crucial to insurance companies. The IRC found that people who used an attorney received, on average, 3½ times more money in settlement than those individuals who settled on their own.
