Hi, my name is Lee Pearlman; and I’m a partner and Tampa Personal Injury Attorney at the law firm of Denmon Pearlman. Today I’m going to answer the question of, what is a Letter of Protection in a personal injury case?
Letter Of Protection
A letter of protection generally exists in personal injury type cases such as car accidents, slip and falls, wrongful deaths, things of that nature.
A letter of protection occurs when a law firm, essentially, acts as a guarantor for outstanding bills, usually medical in nature. But it can also be things such as experts, accident reconstructions, whatever might be applicable or relevant to your particular case.
What Is The Purpose Of A Letter Of Protection?
What a letter of protection does is it essentially guarantees that the individual, such as the medical doctor who’s doing treatment for the injury, is going to be able to recover their fees out of the settlement of the case.
So in other words, what it does is it bypasses the need sometimes for insurance, whether you don’t want to use your insurance, or you don’t have it.
The success of any legal matter depends on the unique circumstances of each case, therefore, we cannot guarantee particular results for future clients.
Why Is A Letter Of Protection Important?
There are strategic reasons why a letter of protection can be very important and very helpful with the outstanding balances of bills that accumulate with a case.
For example, if the law firm of Denmon Pearlman writes a Letter of Protection to an expert such as a medical provider, we are guaranteeing to the medical provider that out of the settlement, whatever that may be, there is a guarantee that the medical bills relevant towards the injury sustained as the result of someone else’s negligence, will be paid. And those are legally-binding documents that require the settlement be used to help pay those fees down.
So in other words, it’s not something where we can just walk away and say, “Well, thanks, but we’re not going to pay you anyway.”
Payment Out Of Settlement
A letter of protection does require payment out of the settlement, again, whatever the settlement amount may be.
That can also come into play as far as what the outstanding balances that are paid are.
But we guarantee it so that we can make sure the case is strong, successful, and you’ll receive the best treatment and expert care that you can possibly receive.
And that’s the purpose of the LOP, or Letter of Protection.
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