The Employee Retirement Income Security Act (ERISA) is a body of federal law that guards against mismanagement and misuse of pension and health insurance plan funds. The act establishes rules for the two plans, requires that employees receive plan information, and gives employees the right to sue if the company denies benefits or breaches its fiduciary duties.
ERISA legislation is complicated and difficult to understand, and so are the various pension and health insurance plans it regulates. Without specific knowledge you are at a disadvantage and your rights may suffer. It is in your best interest to consult A Newark lawyer who handles ERISA cases.
In legal practice, experience matters. An experienced attorney will likely have handled issues similar to yours many, many times. Therefore, after listening to your situation, the attorney should have a reasonable idea of the time line for a case like yours and the likely resolution.
An attorney consultation should provide you with enough information so that you can make an informed decision on whether to proceed with legal help.
In general, how much an attorney costs will often depend on these four factors: billing method and pricing structure, type of legal work performed, law firm prestige, and attorney experience. Depending on the legal issue you are facing, an attorney may bill you by the hour, settle on a flat fee, or enter into a contingency fee agreement. The type of legal work you need help with will also play a role in cost incurred.