The process of a personal injury lawsuit is often quite long. Once you have decided to hire an attorney, it can be months or even years before a settlement is reached.
After your initial consultation, your attorney will investigate your claim. This may involve accident reconstructionists and other professionals who can properly determine where fault should lie. The other side will have their attorneys doing the same thing.
Your lawsuit will begin after the investigation. If your lawyer determines you have cause to file suit, she will. This is where things slow down.
The Discovery Process
During the discovery process, both sides will gather evidence. This may involve witness interviews, accident reconstruction, and hiring expert testimony. In some cases, this process alone takes several months. It isn’t until the discovery process is complete that the case can progress.
Following the discovery process, mediation will begin. This good faith bargaining attempt may signal the end of your claim. In fact, a bulk majority of claims settle during this phase. Not all of them, though.
If your claim cannot be settled in mediation, it will go to trial. Trial dates are often set several months in the future. Trials can take several weeks to settle. This will further delay your compensation.
It can take several months for a case to settle, and while checks are typically cut within a month of the settlement, you may be ten or more months removed from the accident by that point. Without money to pay for medical expenses, the consequences of not working, and all other related expenses – not to mention your normal expenses – this waiting period can be devastating.
Pre-settlement financing bridges the space between filing a claim and receiving a settlement. It provides money when you need it, irrespective of your case's final outcome.
Do you need help? Legal Capital Corp is here for you. Please call us at 312-204-7939 to speak with one of our team members about your rights, your options, and the best way to secure the finances you need.