07 May Increase in demand for lawyers and legal funding due to coronavirus (COVID-19)
There is an increase in demand for lawyers and legal funding due to coronavirus (COVID-19). As coronavirus has spread across the entire world, our nation has not become immune to it either. Many companies have been forced to close, and many people lost their jobs, which affected everyone’s financial stability. Social gatherings have been limited, and stay-at-home orders have been issued.
Apart from the economic and social impact, the COVID-19 pandemic has affected the legal industry and pre-settlement funding. There is an increase in demand for lawyers and legal funding.
Demand for lawyers
A wide range of issues came up when everyone realized that coronavirus is a considerable threat. As no one has ever experienced anything like this, it was natural that everyone was concerned about how to act in this kind of situation. Thus, many employers sought legal aid on how to follow all the recommendations of the Centers for Disease Control and Prevention (CDC).
Many employers were unsure how to treat employees who have been exposed to someone diagnosed with COVID-19 or who have symptoms of the COVID-19 infection.
Moreover, they sought advice on using the force majeure clause to back out of contracts or delay orders and also on providing paid sick time or complying with the federal Family and Medical Leave Act.
Healthcare providers and other employees also needed attorney consultations. Most of them have been concerned with sanitary conditions of their workplace, exposure and working conditions, and legal implications of an employer who does not reasonably accommodate a worker who must work from home.
Demand for legal funding
The challenges of COVID-19 have had more than just an impact on our physical and mental health, but also a significant impact financially. As it threatens to cause an economic recession, many people are concerned that even more financial struggling is ahead of us.
If you are not working at the moment due to an injury and if you have a personal injury case, that can lead to you stressing about it and wanting to settle as soon as possible.
Unfortunately, as we know, it may take months and even years for a personal injury lawsuit to settle and for you to get your deserved recovery. Luckily, there is always a solution to a problem, and this time it is legal funding.
Personal injury attorneys cannot support you during this time as they do not lend money to their clients; this would cause a conflict of interest that may interfere with the attorney-client relationship. Therefore, Certified Legal Funding is here to help.
Certified Legal Funding provides pre-settlement cash advances with respect to anticipated recoveries for personal and work-related injury claims and lawsuits. You can use the cash advance for any purpose you want- for living expenses, medical treatment, education, mortgage or rent payments, car loan payments, etc. Personal injury funding will help you get your life back on track and prevent you from accepting unreasonably low settlements.
The advance would be payable out of your recovery at the end of the case. However, if you do not win your case, you do not pay.
Our legal funding company will give you your money fast, and the application process is easy. Due to an increase in demand for lawyers and legal funding due to coronavirus (COVID-19), CLF is here to help you! Call us today on toll-free number: 800 922-7439 and get your pre-settlement cash advance!