Pegasus Legal Funding is a proud member of the American Legal Finance Association (ALFA). ALFA is comprised of thirty-one companies nationwide, which provide non-recourse funds to personal injury victims who have filed a claim or a lawsuit. ALFA was created to establish industry standards and awareness for the legal funding industry. One of ALFA’s first …
How Long Does It Take to Settle?
There are many factors that can influence how long it takes to get a settlement in a case. Some of these factors include the amount of liability, the attorneys, and the judge. Liability has a large influence on how long it takes to get a settlement. If you have a strong case, the defendant is …
Res Ipsa Loquitur
Res ipsa loquitur literally means “the thing speaks for itself.” Res ipsa loquitur refers to cases that demonstrate that there is negligence just by the fact the incident happened. For instance, if a sponge or rag from surgery is left inside of a patient, the doctor or hospital was negligent just by the fact that …
Pre Settlement Money for Life Expenses
Pegasus Legal Funding realizes personal injuries create a lot of expenses. However, Pegasus Legal Funding also realizes personal injury victims have a lot of day to day expenses that are not related to their injuries. Personal injury victims typically rely on their income to pay mortgage/rent payments, utility bills, groceries, and more. When the personal …
What is Pre-Settlement Lawsuit Funding?
A little cash in your pocket won’t hurt if you are in non- working conditions after a personal injury. This is one of the reasons why applying today for legal financing can be the solution for your financial crisis.. There are many things that may happen in life that can bring you to the position …
Implications for Lawyers
Legal funding has become increasingly popular for personal injury plaintiffs over the past two decades. Although many attorneys remain skeptical about the legal funding industry, the industry can be very beneficial for attorneys. Attorneys typically take personal injury cases on a contingency fee. This means the attorney does not get paid unless a settlement is …
What Are Champerty and Maintenance?
Instead of being a financially suffering victim of a personal injury call us or apply with us for a pre-settlement cash advance. Personal injury victims often suffer financial difficulties after their injury. They are frequently out of work and have injury-related expenses in addition to their prior expenses. Personal injury victims will often turn to …
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