While no one has a crystal ball, we believe many clients have been conditioned to believe it’s in their best interest to “get paid quickly.” Some firms contract with lawyers who work from their homes screening calls to harvest as many cases as possible with the lure of a quick settlement.
We don’t believe that’s always the right thing to do. For instance, we recently were offered $300,000 by an insurance company to settle our client’s car wreck claim. This family’s son has a serious brain injury as a result of the wreck, which will require life-long care. Instead of accepting the offer, we encouraged our client to wait and allow us to fight for fair compensation to provide for their son’s current and future needs.
By allowing our firm to take on the insurance company, we were able to secure a settlement of $5.35 million dollars.
In our opinion, accepting the insurance company’s original offer would not be the right thing to do for our client. Insurance companies often want to entice you with fast money even though it doesn’t fairly compensate you for your injuries or enable you to care for your family.