Video – Attorney Spencer Freeman Explains How A Fire-Loss Attorney Gets Paid Once Hired After A House Fire?
Video Transcript
Ray Hrdlicka – Host – Attorneys.Media
“You hire a public adjuster, and the insurance company still won’t meet that demand. Doesn’t raise their offer to that value. Now you hire an attorney. You still have to pay the public adjuster, right?”
Spencer Freeman – Fire-Loss Attorney – Pierce County, WA
“Yes.”
Ray Hrdlicka – Host – Attorneys.Media
“So, now how does the attorney get paid?”
Spencer Freeman – Fire-Loss Attorney – Pierce County, WA
“So, on those cases, I will charge by the hour. I believe I’ve got a….some attorneys may charge contingency fees, but I have an ethical problem with that. Most contingency fees are going to be a third. If I charged you a third, to settle your house damage claim, how are you going to have enough money to fix your house at the end of the lawsuit? Unless we’re able to get a bad faith finding and attorney’s fees paid. It’s better for the homeowner to be able to pay me by the hour to do those things because it’s going to be cheaper for them in the long-run to do it that way. But it is difficult because not a lot of people will have that money sitting in a bank to pay. So, we try to work…”
Ray Hrdlicka – Host – Attorneys.Media
“Their house just burnt down.”
Spencer Freeman – Fire-Loss Attorney – Pierce County, WA
“Right. Their house just burnt down. So, we try to work through those to try to help people out the best we can in those scenarios.”
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