Litigation Financing & Lawsuit Loans on Settlements for Slips and Falls
Slip & fall personal injury cases are lumped into a larger legal category called "premises liability". There are four general types of slip & fall accidents:
Trip-and-fall - a foreign object in the walking path.
Stump-and-fall - an impediment in the walking surface.
Step-and-fall - an failure or hole in the walking surface
Slip-and-fall - the interface of the shoe and the floor fails
TLF provides fast, easy & affordable lawsuit loans and lawsuit cash advances from $1,000 up to $100K – often in 48 to 72 hours for victims of slip and fall, trip and fall and slip, trip and fall injuries and other types of negligence and premises liability lawsuits.
Property owners and injured people can both be held to varying degrees of responsibility when it comes to settlements for slips and falls. Property owners have a responsibility to keep their property safe but people have a duty to watch where they are going, as well as realize that there are things that can make a walking surface unsafe.
North American Slip & Fall Annual Statistics:
Over 540,000 slip/trip/fall injuries requiring hospital care
Over 300,000 slip/trip/fall disabling injuries
Over 20,000 fatalities each year
Slip/trip/falls are the leading accident in hotels, restaurants and public buildings - 70% occur on flat, level surfaces
Slip/trip/falls are the leading cause of workplace deaths
* Click here for definition of terms on this site
Last Updated:
September 25, 2008
TriMark Legal Funding is the litigation funding company more attorneys prefer. We offer lawsuit loans on personal injury lawsuits & litigation financing / lawyer funding to attorneys & law firms nationwide
Slip & Fall Accidents and Litigation Financing
The Money You Need ... Right When You Need It Most
A lawsuit loan (lawsuit cash advance, pre settlement funding or settlement loan) gives plaintiffs immediate access to their lawsuit settlement money. Legal funding provides the working capital that premises liability lawyers need to aggressively develop each of their cases to its maximum potential value.
A serious permanent injury must exist before TLF will consider a lawsuit loan*; we do not fund on soft tissue only injury cases.
Premises liability is an area of law that, unfortunately, carries with it something of a notorious past (not entirely unearned) largely because it has seen more than it's fair share of dishonest people out to make a buck using fake injuries, deliberate accidents & plain old lies; not to mention an avalanche of frivolous lawsuits and bogus workers comp claims.
As a result, many settlements on slips and falls tend to be seen by defense attorneys as "discountable", or at a very minimum, worthy of more scrutiny than other types of personal injury lawsuits might warrant. And since the success of our non recourse legal funding program lies in the ability to recover our invested funds, TLF policy is to refrain from investing in cases where "collectability" may be questionable.
Soft Tissue ONLY Injuries
It is for this reason that TLF will not provide litigation funding on any lawsuits (premises liability, motor vehicle accidents, etc.) that involve soft tissue ONLY injuries. Soft tissue injuries include but are not limited to:
Bruising is the only injury
Whiplash is the only injury
Pain / lack of mobility is the only symptom
Non-permanent, non-scarring lacerations
No fractured bones or broken skin
Non-permanent damage to muscles, joints or connective tissues
No surgery necessary to correct injury
No concussion-level head injuries
Neck, back, arm, leg or other pain where only prescribed course of treatment is pain meds, chiropractic care and/or therapy
Injuries where a settlement or damage award (not including medical and/or expense reimbursement) in excess of $25,000 would be considered unlikely or excessive
Litigation Financing: Attorneys
Legal Funding Options for Slip & Fall Lawyers
Slip and fall lawsuits can take a LONG time to settle, even with a good case and strong liability. Since slip and fall work is a volume business, you're likely working multiple premises liability cases at the same time so the cost of litigation can become a burden. Litigation funding can help ease that burden.
Non-recourse legal funding generates working capital by unlocking the value of your largest asset - your contingent-fee case inventory.
Attorney loans, law firm loans & law practice lines of credit are all legal practice cash flow financing tools designed to stabilize your cash flow WITHOUT RISK so you can grow your law practice using EXISTING ASSETS.
Every lawyer knows the cost of litigation can be a back-breaker, but it doesn't have to be.
100% RISK-FREE
Our premises liability lawsuit loans and pre settlement cash advances are "non-recourse" - so if you lose your slip & fall lawsuit or your case doesn't settle, you owe NOTHING! It's as simple as that.
If you receive a structured settlement as compensation for your personal injury lawsuit, you can sell structured settlements for cash.
