I’m 14, I fell, I sued, they settled, I’m 2000 dollars rich. How much does the lawyer get and how much does that leave me with, also any suggestions on what to do with that?
Planned on spending it on new X-box and clothes though that’s me being an idiot, right?
Well usually the settlement funds will be paid to the lawyer representing you and they cut you a check less their fees.
What was you agreement with the lawyer? Are you paying for a set number of hours or on a contingency.
And yeah, with that kind of cash at your age, just blowing it on x-box and clothes would be a waste. Might I suggest, if you pay the lawyer hid fees (let’s say $600) take $400 of your remaining cash and spending it on games, candy, or whatever, but put the $1000 into a savings account. Think of how much cooler it’ll be to be able to use that money on a car in high school in 3-4 years.
This calls for a lawyer’s attention towards a specified cause. He should be available to help you towards a good judgment in the case you are concerned in.