What"s Your Percentage

What’s Your Percentage

Most lawyers are paid for their services through a percentage of their client‘s winnings known as compensation.  There are pros and cons to paying through compensation.  This will more than likely cause a lawyer to work harder to receive as much as they can for their client.  They work hard to compile all the evidence and learn all the facts so they can best represent their client.  Many of the civil cases are settled out of court.

One of the main pros to paying through compensation is that many lawyers who are paid this way will not require payment if a client doesn‘t receive anything.  There is often a percentage of earnings that will be paid agreed upon between the firm and the client before services are enlisted.  The idea of a lawyer fighting for all the money a victim can receive is great.  There is a great chance the lawyer will obtain more than the cost of bills their client has to pay.  This also mean, however, that the lawyer or law office will receive a greater amount for their services.

The most negative thing about compensation is the possibility of a high percentage rate.  The higher the percentage the more money a client is going to have to pay for their lawyers services.  This can come turn out to cost the client more than a lawyer with flat rate or hourly based pay.  It is always important to discuss the fees a lawyer will charge before employing their services.  There is always the possibility of hidden or unclear fees.  The cost of a lawyer is one that can be well worth it.  They can help a victim receive what they need in times of crises, however, a victim should always discuss the details before making any decisions.

 

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What"s Your Percentage

What's in a name? U.S. starts using Myanmar as well as Burma

WASHINGTON (Reuters) - The Southeast Asian nation formerly known as Burma received further backing from the White House on Monday in its campaign to be called Myanmar.

Successive U.S. governments have refused to acknowledge the name change made in the late 1980s by the country's military rulers. The United States for years deliberately referred to the nation of 60 million people as Burma, so as not to give legitimacy to military governments.

But in a nod to political reforms made by President Thein Sein, the White House acknowledged it is now employing the name Myanmar more often than before.

"We have responded by expanding our engagement with the government, easing a number of sanctions, and as a courtesy in appropriate settings, more frequently using the name Myanmar," White House spokesman Jay Carney said.

Thein Sein met with U.S. President Barack Obama in the Oval Office on Monday in the first visit to the White House by a president of Myanmar, or Burma, in 47 years. Obama used the name Myanmar, not Burma, throughout his comments to reporters.

But his spokesman employed both names.

"Burma has undertaken a number of positive reforms, including releasing over 850 political prisoners, easing media restrictions, permitting freedom of speech, assembly and movement," Carney said.

In their meeting, Obama urged the president to take steps to halt violence against Muslims in his country and move ahead with economic and political reforms.

(Reporting by Jeff Mason; Editing by David Brunnstrom)

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