Friday, June 25, 2010

Where Would We Be Without Funding?

Now take a wild guess; Who do you think was a major opponent of the funding bill pending in Albany.....Well if you guessed the insurance industry you're correct!
Why, because they want to continue to try for every conceivable way to gain an advantage in litigation against the injured victims and plaintiff's bar. To me , funding is the great equalizer.
Let's take a look;
1. Client's don't have to settle cheap and can hold out[with funding] for fair value;
2. Insurance company delay[grind it out, bad-faith] won't work with funding;
3. Medical procedures and surgery can get done with funding;
4. Cases can be properly prepared and presented with the funding of expenses;
5. Clients can pay thier mortgages and rent and
6. Post-settlement funding can ease cash flow concerns.
Need I say more?
So the next time someone bad mouths funding; take a look at how low cost funding can assist you and your clients in the long, hard, expensive, draining endeavor known as litigation.

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