Should you Accept the Insurance Company's First Offer?

Can a Lawyer Loan Their Client Money?

Posted by Guy DiMartino | Mar 03, 2013 | 0 Comments

Florida trial lawyer, Guy S. DiMartino, answers the question – can a lawyer loan their client money?

A personal injury client missed a lot of work because of his injuries and is really in a financial hole.  He asks his lawyer to loan him a few thousand for rent and food and the lawyer tells him no.

A personal injury client's case just settled for a substantial amount of money; however, it will take a month or two to resolve the medical bill liens and execute the closing documents.  He asks his lawyer to loan him a few thousands until the settlement funds are disbursed and the lawyer tells the client no.

Why can't a lawyer loan their client money?

Lawyers are bound by the rules of professional responsibility and ethics. The rule is that a lawyer may not advance living expenses to a client pending settlement and collection of claim or judgment.  Lawyers are simply not allowed to put themselves in this position no matter how much the client needs the assistance. If a lawyer advances funds they actually have a financial stake in the outcome and this may cause of a conflict of interest.

If you have any questions about a Florida personal injury claim, you can call me directly on my cell at (352) 267-9168 or fill out the internet consultation form on the right.

photo attribution: liblit.org

About the Author

Guy DiMartino

I have loved helping people in need for almost three decades.  It has been my privilege to serve people as their pastor, chiropractor, and lawyer.  The current focus of my legal practice and life’s passion is helping the seriously injured receive complete compensation for their injuries. I am a Florida Board Certified Civil Trial Attorney. What that really means is that I am no stranger to the courtroom.  I have successfully tried and handled serious cases in state and federal courts.  My backgrounds in both law and chiropractic medicine have given me a unique perspective, extensive knowledge, and wide experience to serve those I represent. For years as a chiropractic physician, I treated my patients to alleviate their pain and suffering. Now as their lawyer, I fight to bring them financial compensation for their pain and suffering. During my years of service, I have handled many traumatic injury cases ranging from the traumatic amputation of a limb to brain and spinal cord injury.  I consider it an honor to serve you and your family. When a person entrusts me and I accept to represent them, I don’t take that relationship and responsibility lightly. My approach is that we work as a team. We are partners and our goal is the best outcome for you and your family with the highest level of communication throughout. I am always available by phone or email to discuss my potential representation of your injury case. I handle cases throughout Florida. Education: National University of Health Sciences – BS (1984), DC (1986) Valparaiso University School of Law – JD, summa cum laude (1999) Bar Admissions: Florida (2000), Indiana (1999), Illinois (2000, expired); US District Courts of Appeals (11th Circuit, 7th Circuit); United States District Courts: Southern and Middle Districts of Florida; Northern and Southern Districts of Indiana; Northern and Central Districts of Illinois; and District of Colorado. Certification:  Civil Trial, Florida Bar Guy DiMartino on Google+ – Circle Guy on Google+ Guy DiMartino on Google+

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