Handling Interim Distribution Payments

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“I am receiving an Interim Distribution Payment for a lawsuit and the letter talks about the payment being 40% of the total payment. The figures that they have given me are labeled as the Interim payment. Does that mean that I will be receiving 40% of that amount minus lawyer fees or is that the amount that I will be receiving now”

[NOTE: Articles and answers on DearEsq., while written and published by lawyers, do not constitute legal advice, and no attorney-client relationship is formed by your reading of this information. You should always consult with an attorney for any legal situations.]

You will need to ask the attorneys or their agents making the distribution for clarification, as it will be uniquely subject to the terms of the representation agreement that was made with them.



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Author: House Attorney

A house attorney has answered this question.

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