You’re right to reject the settlement. As to your border that should be set out in the retainer agreement
Your attorney should be telling you all Settlement Offers on your case and discussing what he believes the fair settlement value of your case is. Your case cannot be settled without you agreeing to a settlement amount. The attorney's Contingent Fee should have been agreed to in writing at the start of your case. In addition to his fee, the attorney is entitled to be reimbursed for any costs he paid to handle your case. You should also receive a detailed Schedule of Distribution at the end of the case itemizing all expenses and the contingent fee.
Mr. Semanoff has given you the details as to what your attorney should provide you. Ultimately, you will be required to sign a release stating the Gross Settlement amount. Your attorney must provide you with a detailed accounting of the amounts expended by him on behalf of your case and how much his contingent fee is. It should show the percentage of the contingent fee and whether the fee was taken on the Net Settlement amount after his expenses or taken on the Gross Settlement amount.
If the accident occurred in NJ, then it must betaken on the Net Settlement amount and must be no more than 1/3 of the net amount recovered. PA has no such restriction other than the fee should be reasonable and disclosed to you in writing at the inception of your retention of him as your lawyer.
It is your case, so you have a right to know what the offer was and the case can not settle without your approval. Your legal fee will be set out in the fee agreement. Call your lawyer and have a rational discussion about your concerns.
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