Do Lawyers get payments from insurance companies to get down the settlement payment?

Question

Well the whole legal system is money making racket.

Answer 1

Yes, if the lawyers to which you refer work for the insurance company.

Answer 2

NO.  They actually get a cut of the payout, so it's in THEIR best interest, to get the highest payout they possibly can.

Answer 3

Yes I call it legalized

stealing

Answer 4

Insurance companies do not "pay off" plaintiff's attorneys.  However, most insurance companies do have staff counsel which are salaried employees.  

I assume that you were not happy with a recent settlement.  Sounds as if your attorney was not competent or you simply had unrealistic expectations.

Answer 5

There may be some that do, doesn't seem legal to me.

A lawyer gets a % of the settlement, they have every interest to get as much as possible because it means more money for them too.