Legal funding is a transformative solution for plaintiffs in workplace injury cases who need financial support during a challenging time. By providing access to immediate funds, legal funding enables plaintiffs to cover their expenses, avoid financial stress, and ensure they can continue their legal battle without feeling pressured to settle prematurely.
With no repayment required if the case is lost, legal funding allows plaintiffs to navigate the complexities of the legal process while focusing on their recovery and ultimately seeking justice. It’s a valuable resource that helps level the playing field, empowering injured workers to stand up to large employers and insurance companies with the financial backing they need.
Let’s take a closer look at how legal funding changes the game for plaintiffs in workplace injury cases.
No Repayment Unless You Win the Case
One of the biggest advantages of legal funding is that it is non-recourse. This means that plaintiffs do not have to repay the advance unless they win or settle their case. If the case is unsuccessful, the funding company absorbs the loss, and the plaintiff doesn’t owe anything. This reduces the financial risk for plaintiffs who may be uncertain about the outcome of their lawsuit, especially in complex or contested workplace injury claims.
Helps Pay for Additional Legal or Expert Costs
Workplace injury cases can be complex, often requiring expert witnesses, medical evaluations, or detailed investigations into the cause of the injury. These costs can be prohibitive, especially for plaintiffs who are already struggling financially due to lost wages and medical expenses. Legal funding can help cover the costs of expert witnesses, legal fees, and other case-related expenses, ensuring that the plaintiff has the necessary resources to build a strong case and secure a fair outcome.
Prevents Plaintiffs from Accepting a Low Settlement
Workplace injury lawsuits can be time-consuming, and plaintiffs may feel the pressure to accept a quick settlement offer just to get some money. However, settling too early can mean accepting much less than what the case is truly worth.
Legal funding can help prevent this by providing the financial support needed to wait for a more favorable settlement or verdict, ensuring that plaintiffs do not have to settle prematurely due to financial necessity.
Helps Plaintiffs Navigate Workers’ Compensation Delays
In many workplace injury cases, plaintiffs must go through workers’ compensation channels before pursuing a lawsuit. Workers’ compensation claims can sometimes be delayed or denied, leaving injured workers without financial support while they wait for the legal process to unfold.
Legal funding can bridge the gap during this waiting period, providing funds to cover medical treatments, living expenses, and legal fees while the workers’ compensation claim is resolved or while the plaintiff pursues further legal action.
Improves Access to Legal Representation
In complex workplace injury cases, especially those involving third-party liability (e.g., lawsuits against manufacturers or contractors), plaintiffs may need to hire skilled legal counsel to ensure a fair outcome. Legal funding can make it easier for plaintiffs to retain top-quality legal representation by covering attorney’s fees and litigation costs. This helps plaintiffs pursue a strong case without the financial barriers that might otherwise prevent them from hiring experienced lawyers.
Non-Interference with the Legal Process
Legal funding does not interfere with the legal decisions or strategies involved in a workplace injury case. The plaintiff and their attorney retain full control over the lawsuit, and the funding company does not provide legal advice or influence how the case is handled.
This allows the legal team to pursue the best possible outcome for the plaintiff while using legal funding as a resource to maintain financial stability.
Legal Funding From Cash Now Funding Group
Are you or a family member in need of financial assistance due to a lengthy legal battle? Are you preparing for a long-term legal battle to get the compensation you deserve? Cash Now Funding Group can be the financial lifeline you need while your case settles. Applying is free and confidential & no credit check is required.
