[Always Right]

I think you are kidding yourself if you think the lawyer only gets 40 percent

I think 40% is pretty typical. It may be +/-10%, but it is in that range.

[Kaslin]

I have read of cases where the plaintives had sued for several million of dollars. When everything was done they didn’t even get $10. The lawyers got it all

[longtermmemmory]

This is the Florida Bar Regulation on Attorney fees AFTER a lawsuit has actually been filed:

b. After the filing of an answer or the demand for appointment of arbitrators or, if no answer is filed or no demand for appointment of arbitrators is made, the expiration of the time period provided for such action, through the entry of judgment:

1. 40% of any recovery up to $1 million; plus

2. 30% of any portion of the recovery between $1 million and $2 million; plus

3. 20% of any portion of the recovery exceeding $2 million.

c. If all defendants admit liability at the time of filing their answers and request a trial only on damages:

1. 33 1/3% of any recovery up to $1 million; plus

2. 20% of any portion of the recovery between $1 million and $2 million; plus

3. 15% of any portion of the recovery exceeding $2 million.
d. An additional 5% of any recovery after institution of any appellate proceeding is filed or post-judgment relief or action is required for recovery on the judgment.