Personal Injury Funding

Written by Patricia Tunstall
Bookmark and Share

Personal Injury Funding for Worthy Cases

Personal injury funding is critical in complex claims, such as toxic substances, medical malpractice, and drug reactions. These claims involve lengthy investigations and expert witnesses, both costly to the plaintiff. Although a personal injury lawsuit is invariably taken on a contingency basis by attorneys, the expenses may exceed the ability of the attorney or the attorney's firm to bear.

Most likely, however, the corporate defendant has tremendous resources and can simply outlast the plaintiff of moderate means. Then, too, there is a major difference between presenting a case with the basics covered and presenting an all-out case with high-powered experts, graphics, and video. This is not usually possible unless legal funding is available from outside groups whose business is making legal advances to faltering lawsuits.

Filing a Lawsuit

Some cases can go before a Small Claims Court and be conducted without an attorney, but if injuries are severe or permanent, consider hiring an attorney to ensure the best settlement in order for you to be taken care of and to live as independent a life as possible. After filing comes the discovery period in which attorneys for both sides trade information and documents and conduct interrogatories, where each side asks written questions of the other. Depositions are taken under oath, but these questions are asked face-to-face, more like a trial setting.

When everyone is ready, the case goes to trial, although almost all personal injury lawsuits settle. Personal injury funding can make a critical difference in the discovery stage; if, for instance, the plaintiff and attorney do not have a lot of money for private investigators, research, or copying documents, this hampers the development of an impressive case. With excellent personal injury funding, the plaintiff can investigate thoroughly and, in general, cultivate promising leads.

Bookmark and Share