Concepts of fee agreement for hiring Social Security Disabil

1. Claiming for Social Security Disability (SSD) benefits requires the hiring of social security disability lawyer. Hiring a social security disability lawyer requires entering into fee agreements that forms part of hiring agreement. The fee agreements of almost all the social security disability lawyers are similar in nature even though there may be many differences of work profile among social security disability lawyers. The reason for this is that law regulates the fee agreements between the social security disability lawyer and Social Security Disability Claimants and a copy of the fee agreement must be submitted to the Social Security Administration or SSA who makes sure that the fee agreement meets the requirements of the law. The law under the SSD benefits provides that the claimant will only pay fees if he or she is successful in their claims. In case, the claimant is awarded the benefits then, the fees is 25% of the claimants “past due benefits”. The term “Past Due Benefits” can be defined as the monthly checks that have accumulated since the concerned claimant first applied up and until the month when the claimant is awarded the benefits. The fee does not reduce or include any monthly checks that the claimant begins to receive after the social security benefits are awarded in favor of the claimant. To be continued ……… Concepts of fee agreement for hiring Social Security Disability lawyer

2. According to the law, the fees cannot be higher than the amount set aside by the law that is currently set to $5300. For instance, if the claimant was found disabled and is awarded past due benefits of $24,000, even though 25% of $24,000 is $6000, the concerned SSD lawyers fee will be limited to $5300 only. The other factor that needs to be considered in a fee agreement is about the costs associated or linked with obtaining medical evidence. The medical evidence may be in the form of medical reports, medical records from hospitals or from the treating physicians etc. The Social Security law does not have any specific rules in this regard and usually the Social Security Disability Lawyers agrees to pay any costs associated with the concerned claimants’ case for getting the case ready for a hearing. The concerned SSD lawyer then keeps track of the of the amount that he or she had spent and when the claimant wins the case, then in the hiring agreement itself it is specified that the claimant would reimburse the SSD lawyer any costs that the concerned SSD lawyer had advanced. However, where the claimant fails to win the case, then majority of SSD lawyers would not ask for the reimbursement for the money spent for records or reports. However, the reimbursement costs may not exceed $200 in majority of SSD cases. Concepts of fee agreement for hiring Social Security Disability lawyer