14th October 2023
- Settlement mills care more about profits than their clients.
- Insurance companies love them because they typically pay much less to accident victims.
- Flashy advertising, pushing a quick settlement, and a lack of care are signs you’re working with an attorney from a settlement mill.
- Sand Law is the complete opposite of a settlement mill. We work passionately to help our clients obtain the total compensation they have coming.
Attorneys nationwide pay more than $1 billion yearly on television ads. You’ve probably seen a lot of them for Fargo personal injury lawyers. These ads may be slick and sophisticated or feature an attorney yelling at you as loudly as possible. Some of the ads might be funny.
You might not realize that ad might be for a settlement mill. This is a law firm that takes on as many cases as they can to make as much money as they can. They don’t care about their clients’ best interests. These firms want to settle a case quickly and move on to the next one.
Sand Law isn’t like that. We will always work to ensure those we represent get every dollar they deserve. If you’ve suffered an injury due to another’s negligence, you can rest assured we’ll do all we can to maximize your compensation.
The following is information on how you can tell when a firm is a settlement mill and why you should avoid it. If you would like to schedule a free consultation to learn more about how we can help, call Sand Law at 701-609-1510 or contact us online.
What is a Settlement Mill?
A “settlement mill” is a term used in the legal field to describe law firms or legal entities that specialize in handling a high volume of personal injury cases. Their primary objective is to quickly settle these cases, often at the expense of individualized attention and tailored legal strategies. These operations are akin to factories, where the emphasis is on processing as many cases as possible with minimal effort and time devoted to each.
Settlement mills typically adopt a standardized and streamlined approach to personal injury cases. They often use pre-written templates and standardized procedures to expedite the settlement process. They’re not focused on addressing their client’s unique needs and rights. Instead, their goal is the swift resolution of each case.
How do Insurance Companies Benefit from Settlement Mills?
Insurance companies can significantly benefit from their association with settlement mills. Here are some of the reasons why they love them.
Again, settlement mills want to resolve Fargo personal injury cases quickly. Insurance companies want to do the same thing. This approach reduces the time and resources needed to handle each case.
Insurance companies are more inclined to make lower settlement offers when a settlement mill pursues fast settlements. They know the law firm wants to close cases without thoroughly evaluating the claimant’s injuries and losses. This often results in claimants receiving settlements that don’t come close to properly compensating them for their damages.
Less Risk of Litigation
Settlement mills typically don’t want to take cases to court. They prefer quick and easy settlements rather than protracted legal battles. Insurance companies are well aware of this fact, and that limits their exposure to larger payouts.
Knowing how a settlement mill works gives insurers a stronger negotiating position. They can offer settlements that may not fully reflect the claimant’s expenses for medical bills, lost wages, and more.
What Could Happen if I Work with a Settlement Mill for My Fargo Personal Injury Claim?
Opting to work with a settlement mill for your personal injury claim can result in several disadvantages. Here are a few to keep in mind:
There’s nothing wrong with a settlement – as long as it’s fair. About 95% of cases never reach the inside of a courtroom.
However, the quick settlement approach benefits the law firm, not the injury victim. Claimants often receive settlements that don’t accurately reflect the true extent of their injuries and losses. Victims who don’t receive fair compensation must pay out of pocket for their financial losses.
Lack of Personal Attention
Since settlement mills typically handle many cases, they don’t provide personalized attention. They may employ a one-size-fits-all approach rather than taking the time to tailor their legal strategy to your unique needs and circumstances. Consequently, you may feel like another case in their assembly line.
Settlement mill attorneys are so focused on quickly securing settlements they typically neglect other crucial aspects of a case. For instance, they might not offer assistance in navigating the complexities of obtaining necessary medical care or addressing the long-term consequences of your injuries. As a result, you may be left with unresolved issues and unmet needs.
Recognizing the Signs of a Settlement Mill
The good news is there are unmistakable signs you’re working with a settlement mill. Here are just a few:
Settlement mills often rely on flashy, high-volume advertising campaigns that prioritize quick results and substantial settlements in their marketing. Be cautious of law firms prioritizing promotional campaigns over genuine client care and legal expertise.
An attorney might pressure you into accepting a swift settlement without comprehensively evaluating your injuries and losses. If that happens to you, the attorney is probably working for a settlement mill. They’re more focused on the quantity of cases rather than providing you with the quality representation you deserve.
They Don’t Care
Another glaring sign of a settlement mill is their apparent disinterest in your overall well-being. They may appear solely concerned with securing a settlement, showing little regard for anything else. They may fail to help with vital matters, such as arranging necessary medical care or addressing non-monetary aspects of your case.
At Sand Law, We Care About Our Clients
Sand Law attorneys have an unwavering commitment to our clients. We prioritize your well-being, from securing fair compensation for your injuries to helping you navigate the complexities of the legal process and ensuring you receive the necessary medical care. Our approach is centered on delivering personalized and diligent legal representation, recognizing that each Fargo personal injury case is unique and every client deserves our full attention.
In contrast to settlement mills, we focus on quality over quantity, advocating for your rights and striving to obtain the compensation you truly deserve. Your well-being is our top priority, and we’re dedicated to providing the support and expertise needed to guide you through the legal challenges of your personal injury claim. With Sand Law, you can trust that your case is in the hands of legal professionals who genuinely care about your best interests.