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Cash Flow Stability for Personal Injury Firms

Attorneys’ fees are unpredictable, which can create peaks and valleys in your firm’s cash flow. Yet, you have to make payments on a regular basis to advertise, cover overhead and fund case expenses. Counsel Financial provides you with the financing and resources you need to ensure financial stability during the cash flow shortfalls between verdicts and settlements—allowing you to focus on representing your clients and running your firm.
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Funding for All of Your Firm’s Needs

Financial products designed for plaintiffs' practices
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With financing from Counsel Financial, you can do what you do best—win cases for your clients—rather than worrying about money. We value your anticipated contingent fees, resulting in a larger amount of capital available to you than a bank can provide. Plus, our financing is the most flexible in the industry, so we are able to meet all of your business needs. Litigation Financing in the 21st Century™ has evolved to supplement partner capital contributions and conventional borrowing for working capital. Whether you want money for case expenses, marketing or overhead, we can give you the financial freedom you need to succeed.

 
 
Product Highlights

Key Benefits for Personal Injury Lawyers

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    Significantly more capital than a bank can offer

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    Increased financing as your case inventory grows

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    Flexible repayment terms

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    One-on-one business and financial support

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    Ability to pass-through loan interest to clients for case expenses (if permitted in your state)

Litigations Financed

$4.8 Million Verdict to Victim of Road Rage

A Savannah, Georgia jury in Powers v. Howard, awarded $4.8 million to a family after an incident of road rage induced a driver to pull out a gun and open fire.

Frank and Heather Powers and their children were driving on I-95 from a vacation in Hilton Head back to their home in Kennesaw, a suburb north of Atlanta. Near an onramp on to the highway, Frank Powers saw a vehicle ahead of him allegedly moving erratically and tailgating other cars. As the Powers’ family approached the ramp, the driver of the erratic vehicle, Thurman Lee Howard, purportedly slammed on his brakes, and then sped off. After the Powers were on the highway for eight miles, Howard pulled alongside their vehicle, took out his .32 caliber handgun and fired five shots at the family. Fortunately, no one was injured and only the glass and side door of the Powers’ car were damaged.

In the lawsuit, Howard claimed that Frank Powers instigated the incident. Howard argued that he saw the Powers’ SUV stopped in the center of the highway just before the I-95 South turn, and as Howard drove his vehicle around the SUV, Frank Powers was “mouthing something and making an obscene gesture with his middle finger.” He said that he fired shots at the family because Frank Powers tried to force him off of the road, which caused Howard to fear for his life. The jury found in favor of the Powers family, holding that Howard had a “specific intent to harm.” 

$3.5 Million Unanimous Verdict in Head-On Collision

On February 4, 2016, in Madero v. Broughton, a San Bernadino jury delivered a unanimous jury verdict of $3.55 million to a mother who suffered personal injury and the loss of her 16-year-old daughter resulting from a head-on collision. 

The crash occurred on July 6, 2011, when the defendant driver crossed over the centerline into Eloisa Madero’s lane and collided with her head on. The defendant and her insurance carrier argued it was the gravel that caused the car to swerve over the centerline, and attempted a “sudden emergency” defense. The defendant also tried to argue comparative negligence on part of the plaintiff and her daughter, however, the jury returned in favor of the plaintiff.

The $3.55 million verdict included damages for the daughter's wrongful death as well as for the mother's physical injuries, pain and suffering, and emotional distress.

Victory in Birth Injury Case

In the beginning of 2016, a birth injury case in California resolved a few weeks before trial. The action arose from an obstetrical failure to diagnose intrauterine growth restriction (IUGR)—a common prenatal condition. As a result of the obstetrician’s failure to diagnose the condition, the child suffered a hypoxic injury in utero resulting in periventricular leukomalacia and cerebral palsy. The profoundly disabled child will require lifetime care.

The obstetrician, who sees 22-25 patients daily, failed to diagnose IUGR despite several red flags present at 25 weeks gestation, including lack of fetal movement, the mother’s net weight gain of less than one pound, amniotic fluid levels of less than 5% and an abnormal non-stress test, all of which were ignored. Plaintiffs’ experts contended appropriate diagnosis and standard of care treatment would have avoided injury to the baby.

Just days before delivering a three-pound male with cerebral palsy and brain damage, the obstetrician assured the mother she was carrying a healthy, seven-pound baby girl.

$35 Million Construction Accident Settlement

On March 23, 2016, Hon. Donald Kurtz in the Supreme Court of the State of New York, County of Kings, approved a $35 million settlement in the case, Sarata v. Metro. Transp. Auth., Index No. 15708-2012—marking the single-largest personal injury action victory ever publicized in New York State.

In Sarata, the plaintiffs, Maciej and Magdalena Sarata, alleged that Metropolitan Transportation Authority and New York City Transit Authority (also known as MTA New York City Transit) (together, “MTA”), the City of New York and Judlau Contracting, Inc. violated Labor Law § 240(1)—“the duty to provide safety devices necessary to protect workers from risks inherent in elevated work sites.”

According to court records, on the day of the incident, Maciej Sarata was working as a construction laborer on a project that involved the rehabilitation of a subway line that stood approximately 90 feet high. While Maciej Sarata was at ground level, other employees of Fox Industries, Ltd. (Fox), a sub-contractor for the MTA defendants, used hand-held jackhammers or chipping guns to remove a concrete encasement surrounding the structural beams of the elevated tracks. The worksite included a ‘controlled access zone’ comprised of netting secured by plywood barricade positioned below the employees working on the tracks to catch any concrete pieces extricated during the removal. Nevertheless, at one point, a four-foot chunk of dislodged concrete hit a crossbeam, flew through the netting in the controlled access zone and struck Maciej Sarata in the head. He was rendered unconscious and transported to a hospital. As a consequence of the accident, Maciej Sarata sustained a skull fracture and required treatment for head, brain and spinal cord injuries.

Thereafter, Maciej Sarata filed suit to recover damages for his injuries, and his wife, Magdalena Sarata, filed a derivative cause of action for loss of spousal services, which ultimately lead to the monumental resolution of their claims.

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Counsel Financial can provide the resources and expertise you need to drive success. Contact us today, and learn more about how we can empower your business.
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