How the Economy Will ImpactYour Personal Injury Trial
The negative performance of the economy has strained the state’s budget, and as a result the focus ison fewer trials and inevitably increasing litigation expenses.It is especially important to have an Anaheim personal injury attorney in your corner at times like these.
One of the initial and major effects of the diminished economy is that employees of the courts may be let go. Judges retire and are not replaced. Courthouses throughout the nation may be shut down completely. Consequently, personal injury cases are often affected the most since they are smaller in scale. Judges prefer that attorneys stick to higher profile cases that have more potential for return as opposed to a relatively small personal injury case.
Court costs may also increase. Moreover, while your Anaheim personal injury attorney gets paid from the settlement or award, services that were once provided by the courts are now often the responsibility of the client. This includes fees for filing, cost of mediation, and other services.
With this economy, personal injury victims may hope to solve their money issues by settling their case. Some clients reject substantial settlements because they are waiting for a huge sum to pull them out of debt. Other clients are in such a rush to receive their money that they will accept a sum that is lower than it should be. Fake claims and phony symptoms from clients will probably increase as well.
Dealing with Insurance Companies
In healthy economic times, insurers that pay out medical costs can be reimbursed from the settlement or verdict. Sometimes they will accept less than the full amount.With the current poor economy these insurance carriers are more likely to ask for the full amount.
For Quality Legal Representation
With the economy in its current state, it is important to have an Anaheim personal injury attorney on your side who understands the unique demands of the times. Call the Law Offices of Arthur R. Haussmann for quality legal representation today: 949-263-1057.