Car Accident Litigation and Plaintiff Funding
Personal injury laws enable car accidents victims to seek compensation for their injuries, current and future lost wages, property damage, general pain and suffering and other damages.
LOS ANGELES, April 3, 2018 (Newswire.com) - According to the California Office of Traffic Safety (OTS) 2017 annual report, 11,942 serious traffic injuries occurred in California during 2015, an 8.6 percent increase from 2014 (latest statistics available).
The OTS identified alcohol and drug impairment and distracted driving as priority issues that need the most attention and funding to reduce crashes. Unfortunately, no matter how advanced auto safety features become or the government's education efforts, poor driving decisions can mean auto accident statistics may remain grim for the next several years.
Help For Accident Victims. Thankfully, our personal injury laws enable the victims of car accidents to seek compensation for their injuries, current and future lost wages, property damage, general pain and suffering, and other damages.
Litigation funding takes the pressure off the plaintiff to settle quickly and puts the pressure back on the insurance companies--where it belongs.
Hashing out a fair settlement takes time (anywhere from a few months to a year or more). During settlement negotiations, plaintiffs are often unable to work because of their injuries or they have no transportation because they cannot afford to repair their damaged car or purchase a new vehicle.
"As plaintiff attorneys, your job is to obtain the compensation your clients deserve," says Rockpoint Legal Funding President Ramtin Ghaneeian. "Plaintiff funding companies, such as Rockpoint Legal Funding, can step in to provide clients with pre-settlement, non-recourse monetary advances to sustain them until settlement negotiations are completed and remuneration is received. Knowing that your clients have the means to pay their expenses enables you to focus all your efforts to bring a solid settlement proposal to the table."
Source: Rockpoint Legal Funding
Categories: Legal Services