Lawsuit Finance Blog

I came across an article in the Ocean City Maryland News and thought "here we go again"!. An outfit calling itself the Maryland Citizens Against Lawsuit Abuse (can you spell "Chamber of Commerce") has taken the unusual measure of placing ads on the backs of city buses in Ocean City stating "Don't get Burned by Lawsuit Abuse". The apparent strategy is that numerous legislators and civic leaders vacation in Ocean City, MD during the summer. The outfit hopes that the campaign will be seen by them and "educate the public that frivolous lawsuits filed in the state’s judicial system adversely effect more than just the plaintiff and the defendant". They claim to fear that "Lawsuit Abuse" increases medical costs and scares doctors away from their practices It is an old and tiresome argument. It is also a bunch of baloney!

Listen to these quotes from the Executive Director of the Maryland Citizens Against Lawsuit Abuse, a man by the name of Todd Lamb:

"Lawsuit abuse effects everyone...it increases medical costs and scares doctors from practicing in rural areas such as Worcester County, which makes it hard for the general public to find a good doctor in close proximity to their homes..." Baloney!

But this is the one that wins the "Biggest Bunch of Baloney Award" from Lawsuit Financial:

"Personal injury lawyers who make their living off of claims like this often encourage people to sue even if they aren’t injured,” said Lamb, “and unfortunately, when someone has a legitimate claim, it takes a very long time to get their day in court and eventual justice because the system is clogged with ridiculous lawsuits.”

Give me a break! "Even if they aren't injured"?! I ask members of the public or the legal profession who are reading this post: How many lawyers who practice law on a contingency fee basis and who advance litigation costs from their own pockets would file a "frivolous" lawsuit? How many lawyers who practice law on a contingency fee basis and pay for litigation costs out of their own pockets would 'encourage people to sue even if they aren't injured'? The answer is: ZERO! You don't believe me? Well, use your own common sense. What incentive does a lawyer spending his own money, while waiting for a contingency fee, have to file an essentially worthless action? All right thinking people, whether trial lawyers or not, should speak out against these lies!

As the 38 year veteran lawyer featured in the article says in the article: Our system of justice has built in curbs to prevent the filing or pursuit of frivolous suits. Lawyers who pursue frivolous lawsuits can be punished for pursuing them. A frivolous lawsuit costs only a bad lawyer money in fees, costs and fines. It costs doctors, product makers, and insurance companies nothing. What does cost doctors and insurance company large amounts of money, you ask? Again, the answer is obvious to anyone with any common sense: Serious lawsuits about serious injuries and life-changing circumstances caused by serious breaches of conduct or neglect, by doctors or product makers against innocent members of the public should result in serious verdicts for the plaintiffs who bring them.

Why scream "lawsuit abuse"? Why argue that 'frivolous' lawsuits are expensive? Because the 'tort-reformers' want you to think that serious lawsuit are 'frivolous'. What will that kind of thinking do to society? Instead of private insurance companies paying for the victims of serious injuries caused by serious safety breaches (as they should), public funds (in the form of welfare, medicaid,medicare or other publicly funded program) will be required. This will increase your taxes. It is nothing more than a corporate bailout or corporate welfare. Is that what we want? Haven't we seen enough of that? What happened to personal responsibility?

America: Do not be fooled by this charade. It is well financed, well marketed, and well publicized. But, it is ill conceived. Why? Because it is based on a false premise, the 'big lie', as I have called it. Large amounts of money are not being handed out on 'frivolous' lawsuits. That is the rule. Are there some silly sounding exceptions? Sure there are, but they are still 'exceptions' and they are few and far between. When you investigate, even some of the silly sounding cases are not as silly as they sound. State and national chambers of commerce represent big business interests. They do not represent the people. When you are seriously injured or disabled, a trial lawyer will stand up for your rights and pursue them; he/she will pursue justice on your behalf, spending his/her own money in the process and wait to paid from funds his/her hard work make possible. It is a noble calling, worthy or praise and thanks.

If you know a trial lawyer or have utilized the service of a trial lawyer at some point in your life, call and thank him/her for serving the cause of justice for the "little guy" against big-business interests and organizations like the one in Maryland whose sole purpose is to restrict your right to protection from harm. Lawsuit Financial is taking a well-publicized stand against these dangerous organizations and the "big lie" being spewed by the tort reformers. Join with us. Call your senator, congressman, state senator or representative and tell them that you are for an individual's right to pursue justice in America and against the nonsense of preventing access to justice by disguising it with words like 'frivolousness' or 'abuse'. And fellow citizens: Be safe out there.

Posted by Mark Bello of Lawsuit Financial Corp. | Permalink | Email This Post

Posted In: Lawsuit Funding Thought of the Day

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It occurs to me that I have, at this location, explained the cases that lawsuit funding can and should be used for, but that, maybe, I have not adequately explained the strategy behind the use of the service. Lawsuit Funding, Legal Finance, Pre Settlement Funding, Litigation Funding, Lawsuit Financing, Personal Injury cash Advance, or whatever you wish to call it, is a method of providing needed cash to pending litigation plaintiffs to provide staying power to wait out the lengthy legal process and get maximum value for their personal injury case. Why is this an important tool? Because a financially desperate plaintiff is not a positive influence on settlement negotiations.

The core purpose of legal funding should be to improve case results by removing the plaintiff's financial incentive to settle early and cheap. Insurance companies have three very valuable things that most plaintiffs lack:

1. Money

2. Power

3. Time

Time is used strategically by insurance companies; they "delay, deny, confuse and refuse" and use the lengthy process to their advantage to "starve" a needy plaintiff into a lower-than-full-value settlement. If an offer is made in a time a significant financial need (like when the plaintiff is behind on mortgage, car or health insurance payments), it is likely to be considered or accepted by the desperate plaintiff. In most states, an attorney is in a conflict of interest situation when it comes to loaning money to his/her client. Lawsuit Financial has a "hands off" policy when it comes to the handling of the case; we do not involve ourselves in the case in any way except to perfect a lien on the proceeds, if the case concludes successfully. Strategic litigation decisions are between attorney and client; attorneys will never find themselves answering to Lawsuit Financial. Thus, participation in our lawsuit finance program will not have any effect on the attorney-client relationship.

Clients can often receive funds within 24 hours of the application; it is easy to apply, online or by telephone, with one of our friendly para-professional lawsuit funding representatives. The attorney provides minimal case documentation; the documentation is reviewed by us, and, if an advance is approved, a contract is submitted for signature. We can usually have needed cash in a plaintiff's hands with 24 hours. Remember the plaintiff pays us nothing if the case is not resolved in the client's favor.

Life's obligations do not stop because of an accident. Lawsuit Financial is committed to keeping the client's valuable assets safe, while giving the attorney the time he/she needs to get a case-appropriate settlement. Strategic timing is the key; the right legal finance at the right time will produce additional case revenue for both attorney and client and the advance could, very likely, pay for itself out of proceeds it has made possible. If you have any questions about the appropriate and/or strategic use of litigation funding, automobile accident lawsuit funding, or any other type of personal injury accident lawsuit funding, please do not hesitate to call Lawsuit Financial, toll free, at 1-877-377-SUIT (7848) for a free, no obligation, consultation.

Posted by Mark Bello of Lawsuit Financial Corp. | Permalink | Email This Post

Posted In: Lawsuit Funding Tip of the Day

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There is no way to foresee the future and prevent every tragedy from occurring, however we can learn from past mistakes and make changes in the way we behave and act to build a more promising future. A recent Boston Globe article tells the story of two firefighters that were killed battling a grease fire in a neighborhood restaurant. The gross negligence of three parties resulted in a deadly volume of grease back up in the restaurant’s air ducts. City ordinance required that restaurant air ducts be cleaned quarterly to prevent grease build-up that may cause devastating fires. Workers at the restaurant, the restaurant's landlord in charge of maintaining quality standards, and a professional cleaning service hired to clean the air ducts (they cleaned the stove and hood, but never looked at the air ducts) were all unable to hold themselves accountable and make sure that the air ducts were cleared of grease. Because of their negligence in this important safety matter, two Boston firefighters paid the ultimate price.

The families of the firefighters sued all 3 parties and received $2.2 million in a settlement. However, the effects of this lawsuit go far beyond compensating the firefighters' families for their loss. Today, as a direct result of this tragedy and the litigation it spawned, tougher city regulations exist to assure that commercial kitchen cleaners pass a certification test and register with the fire department before they are allowed to work in city restaurants. This precaution should lead to more qualified, knowledgeable and responsible cleaning services.

The change in city ordinance resulting from this tragedy is a sobering reminder that the beneficial effects of lawsuits do not stop with those personally involved. As John Adams once said, "Representative government and trial by jury are the heart and lungs of liberty. Without them we have no other fortification against being ridden like horses, fleeced like sheep, worked like cattle, and fed and clothed like swine and hounds." The families of firefighters of Warren J. Payne and Paul J. Cahill were fleeced out of a lifetime of memories with their beloved. By demanding justice through litigation, the families of these firefighters have caused an improvement in safety measures; hopefully these changes will prevent another tragedy like this occurring.

Lawsuit Financial Corporation understands the merit and long-lasting effects of proper and necessary litigation. By providing lawsuit funding, LFC helps those who seek to claim compensation due to the negligence of others who refuse to hold themselves accountable for meeting their responsibilities. This unique litigation funding company can assist you with a fire and explosion case like this one, or any other type of personal injury case. If you feel that Lawsuit Financial Corporation can help you in anyway, please contact us, toll free, at 1-877-377-SUIT (7848) or visit us on the web at www.lawsuitfinancial.com.

Posted by Mark Bello of Lawsuit Financial Corp. | Permalink | Email This Post

Posted In: Legal Funding Case of the Day

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