How to Get an Out of Court Settlement
Litigation and court trials are expensive. Parties in a lawsuit often agree to an out of court settlement to resolve their dispute and save money, time, and energy. It’s the final decision and ends any potential proceedings. In most cases, you can’t be forced to settle out of court, and there’s a greater degree of […]
Coronavirus Leads to Increase in Demand for Lawyers & Legal Funding
As coronavirus has spread across the nation, employers have been forced to close, causing financial hardship for millions. State and local governments have limited social gatherings, restricted restaurants to delivery and take-out only, and enforced stay-at-home orders during the pandemic. There’s also another impact of COVID-19—an increase in demand for lawyers, legal services, and legal […]
How Legal Funding Impacts Taxes
A lack of money can put a personal injury case in jeopardy. A pre-settlement advance can help a lawyer and plaintiffs, but there are tax considerations with pre-settlement funding. This can eventually affect your finances even with the new IRS tax deadline of July 15. Extended from April 15 due to the outbreak of the […]
Difference Between a Lawsuit Loan and a Pre-Settlement Cash Advance
Personal injury cases get pushed back for many reasons. Courts are now relying on technology to push cases forward during the COVID-19 crisis, but some cases are being held back or put on hold altogether. If you’re out of work, the bills are due, and you’re facing overwhelming expenses, you need money now. Plaintiffs have […]
9 Important Facts About Slip & Fall Accidents
More than one million slip and fall accidents occur in the U.S. every year, resulting in many lawsuits and thousands of deaths. Slip, trip, and fall incidents can be prevented, but the statistics are quite staggering. People suffer traumatic brain injury, fractures, and other life-altering outcomes and sometimes require surgery such as hip replacement. With […]
3 Ways Corporate Legal Departments Can Use Litigation Finance
A corporate legal department is often under great pressure to protect a company and ensure its survival. Nonetheless, internal pressures to control legal costs and leverage external litigation resources often prevail. Litigation is costly. There’s no way around it. But litigation finance is useful in many ways and can provide the resources your corporate legal […]
Can My Lawyer Deny Me from Getting A Pre-Settlement Loan?
A lawsuit funding company must obtain information from your attorney before making an offer. Obtaining litigation funding, therefore, requires your lawyer’s cooperation. If your legal counsel refuses to cooperate, then you won’t get much-needed cash to pay for medical bills, utilities, rent, and other financial obligations while your personal injury case is pending. If you’re […]
How Long Does it Take to Settle a Personal Injury Claim?
Personal injury cases involve many uncertainties, including how long it will take to reach a settlement. There is no definitive answer no matter how good your personal injury attorney is. Financial strain and other pressures can lead you to settle early, for less, but this means not getting the compensation you deserve. Lowball insurance offers […]
Top 7 Hazards in the Construction Industry
Construction workers are more at risk of accidents than people in any other industry. Numerous hazards contribute to the high injury and fatality rate of individuals employed in high-risk work environments. The top 7 hazards include: 1. Height The most common cause of fatal construction worker injuries is a fall from height. A fall can […]
Facts Attorneys Need to Know About Lawsuit Funding
It’s not uncommon for a client to ask for an advance on their case. But as a personal injury attorney, you want to provide your clients with the best possible advice. Predatory lending has been prevalent in the legal industry, while the regulatory environment is relatively weak. Many states, including California, lack oversight of pre-settlement […]