April 20, 2025
One reason that lawyers often take so long to settle cases is that haste makes waste. When people are in a hurry to do anything, they often take shortcuts that come back to bite them later. A bigger reason a lawyer takes so long to settle a case is the extensive pre-litigation and litigation process, which is outlined below. Insurance company foot-dragging may be the biggest reason lawyers take so long to settle cases. Usually, insurance companies hold settlement funds in interest-bearing accounts. The longer that money stays in that account, the more money the insurance company makes. That’s especially true if the insurance company is a top-five firm, like State Farm or Progressive, which settles tens of thousands cases…