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How To Negotiate Personal Injury Lawyer Fees Down As The Value of Your Case Goes Up

If you have a bad injury in a big case, it probably means you have more leverage to negotiate. Negotiating your fee down as your settlement value goes up is a key way to negotiating with a personal injury lawyer.

We’re Starting a Fight with Billboard Lawyers — Here’s Why

We’ve spent months untangling and redesigning many of the key components of the PI experience into a service that is totally different and new -- one that we’d tell our friends and family to call if they got into an accident.

Ask These 5 Questions Before Choosing a Personal Injury Lawyer

Nobody plans on being in an accident. Well, except for maybe stunt drivers. But if you’re like most Americans, you’re not a stunt driver, so you probably haven’t thought through what happens if you get hurt in an accident. Learn more about what questions you should ask your PI lawyer before choosing them.

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How To: Why injured people only get part of their settlement and what they can do about it

If you ask an injured person who just got their settlement what the most surprising part of their experience is, they’ll likely answer they couldn’t believe how much of their settlement was paid to everyone but them! 

Legal
How To Negotiate Personal Injury Lawyer Fees Down As The Value of Your Case Goes Up

If you have a bad injury in a big case, it probably means you have more leverage to negotiate. Negotiating your fee down as your settlement value goes up is a key way to negotiating with a personal injury lawyer.

Anything and Everything
Mighty’s Use of PI Portal Data, Explained

Mighty’s recent expansion to support Mighty Law represents a common evolution in the tech world; a company that has become adept at building technology expands into the area it serves, or, vice versa, a company that has built in-house technology offers that for third parties. 

Legal
Mental Health After An Accident: 5 Statistics That Should Sadden Everyone

At Mighty, we believe that mental health is as important as physical health, and want to highlight some of the terrible statistics we’ve found that prove our point. 

Medical Care
Why Does It Take So Long For A Personal Injury Case To Settle?

The answer is important, especially if you’re counting on the money from your settlement to pay for important bills. While every personal injury case is different, there are some guidelines around how long settlements take.

Anything and Everything
What Should I Do After a Car Crash?

Accidents are, well, accidents. They can happen to anyone and at any time. But, what you do after an accident is in your control and can make your post-accident journey easier and better for you and your family.

Anything and Everything
Why Most Personal Injury Firms Won’t Help File Car Accident Property Damage Claims

Traditional PI lawyers are not incentivized to help you repair your car. This is because the settlement you get at the end of your case, which your attorney gets his fee on, does not include damages to your car.

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Introducing A New Kind of Friends & Family Loan

At Mighty, we understand how powerful it is for people to have their community behind them, especially at such an important time as after an accident. Friends and family are most special in hard times, and for many people, there is no harder time than after an accident. 

Financing
How do I Know if I Should Pursue a Personal Injury Case?

In order to pursue a personal injury settlement there must be another party responsible for the accident who is able to personally, or more commonly through insurance, provide compensation. You must also have suffered damages in the form of a physical injury or emotional trauma.

Legal
I received a check from my settlement. What should I do with it?

At Mighty, we believe in helping our plaintiffs beyond getting them a fair settlement. Here are our tips on what you should do after you receive a settlement.

Anything and Everything
Financing
What is Diminished Value (and why most PI firms don’t help with it)?

Diminished value (DV) is the cost of your car’s loss of reputation following an accident (we think it’s hysterical that a car has its own reputation, but that’s a joke for a different day).

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Ask These 5 Questions Before Choosing a Personal Injury Lawyer

Nobody plans on being in an accident. Well, except for maybe stunt drivers. But if you’re like most Americans, you’re not a stunt driver, so you probably haven’t thought through what happens if you get hurt in an accident. Learn more about what questions you should ask your PI lawyer before choosing them.

Legal
Standard Personal Injury Fee Hovers Around 33.3%

The industry norm for contingency fees in personal injury law is around 33.3%. Mighty knows that higher fees mean less money for clients. This is why Mighty Law not only charges fees that are 10% below the industry standard.

Legal
How Medical Bills Are Paid (with and without insurance)?

When you or someone you love has been injured in an accident, one of the most common questions is, "How will the medical bills be paid?". 

Medical Care
The Right (and Wrong) Reasons to Get Medical Treatment After An Accident

If you’re hurt in an accident, the most obvious course of action is to get medical treatment. But getting treatment after an accident has implications that go beyond just your physical health. People get pressure from their attorney to get treatment, even though their attorney may not disclose that often medical treatment from an accident isn’t covered by health insurance, and your legal settlement may depend on the treatment you get.

Medical Care
Why All Personal Injury Lawyers Charge The Same Fee (and it hasn’t changed in decades)

Nearly across the board, PI firms charge 33.3% of the total case settlement or more — even if your case settles pre-lawsuit — and they have done so since the 1970s. Learn why in our article.

Legal
Mighty Legal Structure

Mighty is improving outcomes for the injured party by working with and under the supervision of Mighty Law. Learn more about Mighty's legal structure and how Mighty Law is different from other PI law firms.

About Mighty
Key Definitions to Know Before You Hire a Personal Injury Lawyer

If you’ve watched TV or driven down a highway over the past 30 years, you’ve probably seen a commercial or billboard for a personal injury lawyer that promises “You’ll Only Pay if You Win.” They’re mostly telling you the truth. But they’re also leaving out important details about what winning means and how much you’ll get if you do.

Legal
Financing
Should You Get an Advance on Your Settlement?

Evaluating whether to get an advance on your settlement is not a simple or straightforward decision. This article examines some of the factors people should consider when making the decision. 

Financing
Why Personal Injury Lawyers Won’t Help You Get Your Car Repaired

Personal injury law firms generally only help recover money for bodily injury - and unfortunately that does not include the body of your car.

Anything and Everything
We’re Starting a Fight with Billboard Lawyers — Here’s Why

We’ve spent months untangling and redesigning many of the key components of the PI experience into a service that is totally different and new -- one that we’d tell our friends and family to call if they got into an accident.

About Mighty
5 Reasons Not to Email Medical Records to PI Firms

Here are the top five reasons why you should ditch email and move to a more secure method of document sharing.

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Everything You Need to know about UCC's

This article will examine UCC-1 financing statements, a tool some funders have considered using as an additional layer to help protect their investments.

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Amicus Brief: Plaintiff Financing Not A Loan

The court of appeal’s interpretation of the Colorado’s Uniform Consumer Credit Code (the “UCCC”), section 5-1-301(25) misinterprets the intention of the Colorado legislature and is against public policy.

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New York AG Agreement with Legal Funding Companies

New York AG Agreement with Legal Funding Companies

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The In's and Out's of PIP

As car owners, attorneys, and legal funders who deal with motor vehicle accidents (MVAs) know, navigating automobile insurance can be a complicated process. For you, a better understanding of insurance directly affects your ability to make strong investments in the space. Why is it important? The statistics say it all.

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Everything You Need to Know About Thresholds

This post continues our writing on motor vehicle accidents (MVAs) and U.S. auto insurance regimes, with an emphasis on the "threshold" concept under no-fault insurance regimes, which are also known as personal injury protection insurance or PIP.

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Finance for Legal Funders

This week we'll take a look at a highly visible example of how investors may perceive funds if only limited portfolio metrics are provided.

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Fee-Shifting and the American Rule

In general, litigants in U.S. courts pay for their own attorneys’ fees and costs, regardless of the outcome of the case. This is known as the “American Rule”.

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Georgia: Contractual & Statutory Liens, Oh My!

Across the country, medical providers protect themselves by signing liens (or letters of protection) when treating personal injury (“PI”) cases. However, the subtle differences in laws require different approaches in different states!

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15 Proven Tactics to Get Business from Conferences

Attorney trade shows and conferences can be great venues for lienholders to build and strengthen customer relationships and drive law firm referrals. They can also be a huge waste of time and money.

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A Guide to Personal Injury Protection (PIP)

Understanding personal injury protection (PIP) is a crucial yet often overlooked aspect of accurate underwriting for medical and legal funders.

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12 "Must Have" Legal Funding Contract Terms

By popular demand, we are now sharing a dissection of the most important provisions of every legal funding agreement, in addition to some sample language, which will help you evaluate your existing contracts, or get your new funding company off the ground.

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Why PI Attorneys Must Be Good Escrow Agents

When a medical provider or funder is deciding whether to provide services to plaintiffs, they are rarely just evaluating the plaintiffs or the plaintiffs’ cases: They are also evaluating the plaintiffs’ attorneys.

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Finance for Legal Funders: Speaking Finance

The litigation finance industry is one of the fastest growing areas of the financial field. And yet, there is a significant issue holding the industry back from reaching its full potential: the inability of legal funders to raise favorable capital.

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What You Missed in the NY Post’s Takedown of Lawsuit Funding

The NY Post last week published a front page story, Sue the City, casting aspersions on the personal injury lawsuit funding industry and one of its oldest companies, LawCash.

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Intake Checklist & Call Cheatsheet for Your Team

All personal-injury based businesses, whether medical funding or plaintiff funding, revolve around generating a steady supply of viable cases in which to invest. This means performing intentional and efficient intake of plaintiffs’ applications and their respective claims is crucial.

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Does Attorney-Client Privilege Cover Legal Funders

When a legal funding company is reviewing an application or tracking the status of a case they have already invested in, they typically require important case documents and conversations with the attorney on the case.

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8 Factors That Influence What Legal Funders Charge

Legal funding, in most every instance, is a good deal.

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How Self-Driving Cars will Disrupt Personal Injury

AVs have captivated the auto industry in recent years, sparking a race between a wide variety of companies to develop them.

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Finance for Legal Funders

From here on out, we will look at how financial concepts that are commonplace in capital markets can be applied to legal funding in order to help you bridge the gap, improve your business, and pitch your business more effectively the next time you are in the market for capital.

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Finance for Legal Funders: Risk Metrics

Risk is one of the most important aspects of finance, and it is probably the central metric that institutional investors care about.

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How to Work with Legal Funding Brokers

Origination is the lifeblood of every legal funding business, and brokers can provide a valuable, potentially expensive source for origination, and can help you build and balance your portfolio, providing access to different case-types.

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How Google's Policy Impacts Your Funding Business

The end is nigh...for purveyors of online payday loans.

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Is Peter Thiel's Foray into Legal Finance Good?

Unless you've been living under a rock, you most certainly heard the revelation that Peter Thiel has been funding Hulk Hogan's legal case against Gawker.

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How Police Indemnification Can Go Wrong

UCLA law professor Joanna Schwartz asked 70 of the United States’ largest police departments to submit information about civil cases against their own officers, throughout the course of writing her NYU Law Review article “Police Indemnification."

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Your Guide to Underwriting Class Action Lawsuits

Class action lawsuits come in a number of different stripes. Such grievances could be brought about by injuries from defective products, including pharmaceutical drugs, motor vehicles and other consumer products such as medical devices.

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Your Guide to Legal Funding in Vermont

Vermont Legal Funding Legislation Key Takeaways

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Legal Funding Is the New Black... and the New Gold

Legal funding is a young industry, but it's grown up fast.

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5 Essential Treatises for Every Funder's Bookshelf

Legal funders operate in close observation of various areas of the law, both its substantive content and its mechanics

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8 Book Recommendations for Legal Funders

We've put together this list of 8 books that legal funding professionals have recommended as helping their teams worker smarter, themselves run their businesses, and that have helped them better understand the stakeholders shaping litigation finance.

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Is Emailing Medical Records HIPAA Compliant?

The short answer is not really. Here’s the long answer.

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Why Usury Doesn't Apply to Legal Funding

Insurance companies and other critics of legal funding allege that it is a usurious practice, and they are wrong for a very simple reason we've discussed at length: legal funding is not a loan but an investment.

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Lien Confirmation for Lienholders: Why & How

Why and how you should confirm your lien.

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The Case for Data Analytics in Legal Funding

Much of the litigation finance industry is still skeptical about data analytics.

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Top SEO Tips & Terms for Legal Funders

Here are three leading legal funders using SEO/SEM and some insights on the terms they are competing for each month

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5 Reasons Self-Driving Cars are Bad for Attorneys & Insurers

Five reasons why personal-injury attorneys and insurers should be very, very afraid of autonomous cars.

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Does Healthcare Need Legal Funding?

For now, it appears we are a long way off from equitable access to health care.

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Power to The Plaintiff

There is a great paradox in our civil justice system. In many cases, the moment a personal injury occurs, the defendant's problems are entirely over while the plaintiff's problems are just beginning. We want to shift that paradigm on its head.

About Mighty