Why Are Insurers So Worried About Consumer Legal Funding?

The insurance industry continues to complain loudly that third-party litigation financing (TPLF) drives up the cost of insurance. Insurers define TPLF to include consumer funding even though the two are not the same. TLPF pays for the costs incurred in connection with the litigation; by contrast, consumer legal funding provides funds to claimants to help […]

The Winning Case For Cartiga’s Consumer Legal Funding

Lawyers presenting a winning case at trial follow the adage: “Show, don’t tell.” Following that rule, Cartiga has published articles over the past year showing the winning case for Cartiga’s consumer legal funding based on legal and economic research. Here is a summary of what those articles show, with links to the full content and […]

Is Driver Performance Data Admissible Evidence In Motor Vehicle Cases?

Today, data is used everywhere. The latest example is insurance companies gathering driver performance data to defend motor vehicle cases, data that in some cases were volunteered to them by car owners. A recent article from the New York Times, titled Automakers Are Sharing Consumers’ Driving Behavior With Insurance Companies shows how that data can […]

Using Legal Funding to Assess the Time Value of Money

From a financial point of view, personal injury lawyers who prosecute claims are managing a portfolio of assets. To be successful asset managers, lawyers must optimize the returns for their clients while also making a profit for themselves. To optimize returns, attorneys must consider not only their ongoing cost of pursuing a claim. They must […]

Cartiga’s Medical Funding Solution for the Florida Tort Reform Law

Almost one year ago, Florida enacted a tort reform law that limits the admissible evidence of medical charges that can prove recoverable damages in personal injury cases. Our assessment of that law remains the same ten months later: Using Cartiga’s medical funding to pay the charges for a client’s medical care direct to the provider […]

Why Consumer Legal Funding is NOT a Loan

Cartiga provides consumer legal funding to individuals pursuing legal claims so they can pay personal and medical bills while waiting for recovery. In exchange, Cartiga receives an ownership interest in any proceeds recovered on those claims. This funding transaction is a simple purchase and sale.  Legal claimants sell to Cartiga an ownership interest in the […]

The Risks That Justify The Costs of Consumer Legal Funding

Research shows that the costs of Cartiga’s consumer legal funding are outweighed by the significant funding benefits and that those costs are reasonable compared to alternative sources of money. Nevertheless, some ask whether the costs of funding are justified by the risks assumed by Cartiga. This article explains why the costs are well-justified. The Risk […]

The Benefits of Cartiga’s Consumer Legal Funding, Fully Explained

Legal and economic research shows that consumer legal funding offers compelling benefits to claimants pursuing legal claims. This article explains in detail why Cartiga’s funding benefits are so compelling and how these benefits create significant litigation advantages for consumers. Benefits of Liquidity Consumers benefit from funding if they need more money to pay personal or […]

Benefits of Using Consumer Legal Funding to Pay Medical Expenses

Using consumer legal funding to pay medical expenses can significantly benefit a plaintiff’s personal injury case. That funding, known as “medical funding,” will: help ensure greater recovery on claims provide admissible evidence of economic damages and pain and suffering limit attacks on the credibility of the expert medical provider testifying regarding the necessary expenses incurred […]

Consumer Funding Increases Claimants’ Recoveries in Personal Injury Cases

Our previous articles have demonstrated why the benefits of Cartiga’s consumer legal funding outweigh the true cost of funding,[i]  and how those benefits are enhanced by Cartiga’s transparency and its management of funding costs for optimal results. Just as important is the evidence that consumer legal funding increases recoveries for plaintiffs in personal injury cases. […]