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Tolling Agreement for Personal Injury Lawsuits- A Much-Needed Strategic Break

Lawsuits usually must be filed within a certain timeframe because of something known as a statute of limitations. This is a period within which you must seek justice in order to prevent cases backing up and making our courts inefficient, or lose the right to file a claim forever. That said, there is a workaround to the pressure associated with lawsuits, and it is something known as a tolling agreement. Put simply, this is an agreement reached between both parties meant to suspend legal proceedings for reasons we shall take a look at shortly. That said, it is important to note that this agreement isn’t a simple procedural formality, and that it must be taken with the seriousness it deserves as it can either enhance your chances of getting a favorable settlement or judgment, or it can leave you not only exposed but potentially have your claim shattered and dismissed – read on to find out how McCready Law protects your rights with a cleverly and strategically designed tolling agreement.

Are you looking for the best injury attorney? Please call us NOW at (314) 481-63338 to learn more about your legal options for justice and compensation. The experienced injury lawyers at McCready Law bring to the table over 90 YEARS of combined legal experience where we’ve helped tens of thousands of injured Americans from just about every state and every socioeconomic background recover compensation after getting injured due to the negligent actions of other individuals or large corporations. We pride ourself in our ability to net large settlements and judgments, and this is exemplified in the over $260 million we have recovered for our clients over the last couple decades.

Why Choose Us?

Our massive and enviable success in the personal injury world can be attributed to a number of factors such as the fact that we personally handle all our claims as tenured attorneys and do not shunt them over to paralegals as is common in most law firms, something that usually jeopardizes claims.

We also work with a team of well-renowned experts in the medical, investigative, forensic, and accounting fields in order to come up with a case replete with objective evidence, medical rationale for your injuries tying them to the accident and the defendant’s negligence as well as quantifying your injuries by way of compensable damages to ensure you get the compensation you truly deserve.

We run a bilingual firm (hablamos Español), and we have nationwide reach thanks to our vast and trusted network of referral attorneys. Last but not least is the fact that we take on all cases on contingency fee basis, which simply means that there are ZERO UPFRONT FEES for the duration of the processing of your claim, as we only levy our fees at the end of the suit, and only if we’ve recovered compensation on your behalf. If you got injured and are looking for personal injury lawyers with trial experience, you’ve come to the right place – give us a call NOW at (314) 481-63338 to learn more about your legal options for justice and compensation: our intake team is standing by.

Injured? Here’s Why You Should Consider a Tolling Agreement

A tolling agreement is simply a contract between a potential plaintiff and a potential defendant to temporarily suspend the statute of limitations for a set amount of time. This is a formal, written promise that the defendant will not use the passing of time during the tolling period as a defense against your claims. It is essentially a legal pause button allowing you to breathe and re-strategize, and it may be signed even if the scope of the claim has been opined or when settlement talks are being sussed out. A tolling agreement is essentially a show of good faith and can help smooth out litigation without the entire thing becoming one huge acrimonious mess.

Advantages of a Tolling Agreement in a Personal Injury Claim

Here are some of the advantages you shall gain by entering into a tolling agreement:

  1. You are able to gain an upper hand in discovery since there shall be no contentious lawsuit hanging over your head and the strict deadlines associated with the discovery process as well as the legal wrangling from either side complicating everything. With a tolling agreement, you can set parameters for the exchange of information and get rid of the time pressure by simply requesting for certain information such as internal reports, data and key documents without having to file a motion to compel.
  2. A tolling agreement can also allow you to determine the full extent of your injuries which will then inform the true value of your claim, which is usually not known until maximum medical improvement. For instance, if you suffer a traumatic brain injury, you may require physical therapy and cognitive rehabilitation and may face an uncertain prognosis. If you file a lawsuit due to a fast-approaching statute of limitation, you may not have complete information with regard to the full scope of your condition, and may end up settling for an amount that leaves you out in the rain with regard to your treatment needs.
  3. The fact of the matter is that litigation tends to be expensive and a tolling agreement may help you avoid filing fees, service costs, hourly billing for things like the crafting of a complaint and so much more. During this agreement, everything moves in a more informal manner, and nothing if ever is billed to you, allowing either side to move forward in a more pragmatic and reasonable manner, enhancing both transparency and diplomacy.

Nationwide Injury Attorneys – Call Us Today!

If you or a loved one suffered an injury whether on the road as a result of an auto accident that wasn’t your fault, slipped and fell, got mauled by an aggressive dog, got electrocuted or suffered burns due to landlord or property owner negligence or even got injured at a holiday destination or due to sports equipment that were poorly maintained or in any other way where you feel that the at-fault party failed to keep you safe, please reach out to us NOW at (314) 481-63338 to learn more about your legal options for justice and compensation. We take on cases countrywide, so feel free to call us from wherever you are in the nation. Your first consultation is 100% FREE, and there is no legal obligation. Thanks for choosing McCready Law, and we look forward to helping you.