Monday, August 10, 2009

Lien Resolution Service Fees

Posted by Tate Johnson

Can you give me a brief summary of your firm's retainer when a plaintiff's firm hires you to negotiate a lien/subrogation claim?

Florida Attorney

Thank you for inquiring about our services. Regarding fees for our lien resolution services, we typically have two different types of fee arrangements:

1) On single event cases where your firm is handing off one case at a time to us, we generally charge $1,800 per case.

2) In situations where we integrate with your firm and handle most or all of the liens associated with the firm's cases, we basically tier a fee structure tailored to the size of the single event cases that are settling. On very large cases our fee will not exceed $1,800, but most feels will be somewhat less to accommodate (for example, a case with a settlement value of $45,000 may only have a fee of $750). Essentially, we charge a fee proportionate to the level of service.

We have integrated with many PI firms now to have a complete outsource of all healthcare related liens (Medicare, Medicaid and Private Heatlh/ERISA). When the "outsource" process is fully implemented, our firm in effect mirrors/tracks the PI lawyers' case files (via integration with their system) to make sure all lien resolution procedures are initiated early in the process and that we are handling all aspects related to any third-party interests in the firm's cases.

Thanks very much, and please let us know if we can assist further.