Lawsuit Funding For Medical Malpractice Case Example
todd bower - Tuesday, September 14, 2010
It was December of 2006 when a woman was taken to the hospital with a sudden headache and numbness on her right side. She died days later.
It's taken nearly four years for the victim's husband to finally earn a settlement on his medical malpractice lawsuit, earning a $5.3 million settlement against the radiologist, lead doctor and hospital.
This case demonstrates the value that litigation financing can provide the plaintiff. During the 4 years it took to get a settlement, lawsuit funding can provide the cash needed to continue to pursue a full and fair settlement. Insurance companies have well-funded staffs of attorneys and they routinely force plaintiffs to settle cases prematurely for a fraction of their value because the plaintiff needs the cash. This legal loan advance levels the playing field for the plaintiff.
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