Alabama traffic tickets may help fund spinal cord injury research - JD Supra (press release)

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Have you heard the saying "Make lemons out of lemonade?" It's about getting something potentially positive out of a negative situation. There's no doubt that speeding and reckless driving are negative situations in Alabama. Irresponsible driving leads to car accidents and serious injuries all too often.

Some of the most serious of injuries that a car accident victim can sustain are brain or spinal cord injuries. A legislative proposal in Alabama aims to find a cure and more effective treatment for spinal cord injuries. The money that's needed to research such injury treatments would be raised partly through traffic tickets.

The Birmingham News reports that a bill has passed through the Alabama Senate that would add on some extra cost to Alabama traffic tickets. A speeding ticket, for example, would cost an offender an extra $1; a reckless driving ticket would cost an extra $5; a DUI citation would cost an extra $10. The extra money that would be raised due to drivers' unsafe behaviors would serve as means to treat the catastrophic consequences that often result from such behaviors.

A spinal cord injury severely changes a person's life and the life of their friends and family. While stopping irresponsible driving and, therefore, preventing catastrophic accidents from happening would be the ideal circumstance, the next best circumstance is finding better ways to treat or even cure a spinal cord injury.

The bill is called the T.J. Atchison Spinal Cord Injury Act because it was inspired by a car accident victim from Alabama who was paralyzed in a 2010 wreck. If passed, the bill would help people like him gain more hope that their injuries could improve one day.

Source: The Birmingham News, "Bill in Alabama Legislature would bring spinal cord research money to UAB," Hannah Wolfson, March 28, 2012

Posted in Brain Injury & Spinal Cord Injury

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Personal injury lawyers & lawyers in the U.S. industry market research report ...-PR Web (press release)

Los Angeles, CA (PRWEB) March 13, 2012

Income for the personal injury lawyers and attorneys industry are expected to grow to $ 26.7 billion annually, 1.9% in the five years to 2012. In this period, the industry has benefited from an increase in the average age of the u.s. population, which led to the number of visits to the doctor has to rise. According to IBISWorld industry analyst Kevin Culbert contributes "the aging of the u.s. population to growth of the industry because older individuals are more prone to accidents slip-and-fall, which can result in personal injury cases." Besides, the subsequent growth in the number of doctor visit results in a greater number of malpractice suits. This factor is expected to contribute to the sales growth in 2012.

Unlike many industries that has the industry declined during the recession, personal injury attorneys and lawyers a countercyclical nature to it. During the five years until 2012, the number of car accidents has dropped the United States is expected to reach 1.4% per year to 5.6 million. Also, the number of workplace deaths declined on a year basis of 3.2% to 4,801. "In spite of this," says Culbert, "the recession has created cash-strapped individuals are more likely to be a personal injury case in case of an injury." As such, make the decrease of potential customers not the poor performance of the industry during the recession.

In the five years until 2017, is 2.0% to 29.5 billion dollar industry annually grow revenue forecast. During that time, the industry operators will benefit from an increase in revenue generated by structured settlements, which have become more popular over the last five years. Structured settlements are a scheme in which damages be paid off over a period of time instead of all at once. During the recession was more popular structured settlements because many defendants were not able to pay damages in a lump sum. As such, the industry operators a large part of the revenue from past settlements generating in the years going forward. While structured settlements boost industry profit margins in the next five years, will help the growth of profits of the industry will be restrained by increasing price competition. An inflow of law students, who pursued degrees instead of the labour market, enter will lead to higher competition and a boost in the number of small businesses. The industry will remain very fragmented, with the average company with only three employees. For more information, visit personal injury lawyers & lawyers in the IBISWorld report of the U.S. in the U.S. industry page.

IBISWorld follow on Twitter: https://twitter.com/#!/IBISWorld
IBISWorld friend on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld industry report key topics

This industry includes practitioners of legal professions (i.e. lawyers or lawyers) that essentially the practice of personal injury law.

Industry performance
Executive Summary
Main external Drivers
Current performance
Industry-Outlook
Industry life cycle
Products & markets
Supply Chain
Products & services
Major markets
Globalisation & trade
Business Locations
Competitive landscape
Concentration in the market share
Key success factors
Cost structure Benchmarks
Entry Barriers
Large companies
Operating Conditions
Capital intensity
Key statistics
Industry data
Annual change
Important proportions

About IBISWorld Inc.
Acknowledged as the most trusted independent source of the nation of industry and market research, IBISWorld offers an extensive database of unique information and analysis on every u.s. industry. With an extensive online portfolio, appreciated for its depth and scope, rest the company clients with the insight to better business decisions. In addition to its headquarters in Los Angeles and IBISWorld serves a range of business, professional service and government organizations by more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

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Personal Injury Lawyers & Attorneys in the US Industry Market Research Report ... - PR Web (press release)

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AppId is over the quota
Los Angeles, CA (PRWEB) March 13, 2012

Revenue for the Personal Injury Lawyers and Attorneys industry is expected to grow 1.9% annually to $26.7 billion in the five years to 2012. Over this period, the industry has benefitted from an increase in the average age of the US population, which has caused the number of physician visits to rise. According to IBISWorld industry analyst Kevin Culbert, “The aging of the US population contributes to the industry's growth because older individuals are more likely to have slip-and-fall accidents, which can yield personal injury cases.” Furthermore, the subsequent growth in the number of physician's visit results in a greater number of malpractice suits. This factor is expected to contribute to revenue growth in 2012.

Unlike many industries that declined during the recession, the Personal Injury Lawyers and Attorneys industry has a countercyclical nature to it. During the five years to 2012, the number of auto accidents has declined in the United States is expected to fall 1.4% annually to 5.6 million. Similarly, the number of workplace deaths has declined at an annualized rate of 3.2% to 4,801. “In spite of this,” says Culbert, “the recession has made cash-strapped individuals more likely to pursue a personal injury case in the event of an injury.” As such, the decline in potential clients did not create industry poor performance during the recession.

In the five years to 2017, industry revenue is forecast to grow 2.0% annually to $29.5 billion. During that time, industry operators will benefit from an increase of revenue streams generated by structured settlements, which have become more popular during the past five years. Structured settlements are an arrangement in which damages are paid out over a period of time rather than all at once. During the recession, structured settlements became increasingly popular because many defendants were unable to pay damages in one lump sum. As such, industry operators will generate a great proportion of revenue from past settlements in the years going forward. While structured settlements will help boost industry profit margins over the next five years, industry profit growth will be restrained by increasing price competition. An influx of law students, who pursued degrees rather than enter the job market, will lead to higher competition and a boost in the number of small firms. The industry will remain highly fragmented, with the average firm having only three employees. For more information, visit IBISWorld’s Personal Injury Lawyers & Attorneys in the US report in the US industry page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld industry Report Key Topics

This industry comprises legal practitioners (i.e. lawyers or attorneys) that primarily practice personal injury law.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

View the original article here

Personal injury lawyers & lawyers in the U.S. industry market research report ...-PR Web (press release)

Los Angeles, CA (PRWEB) March 13, 2012

Income for the personal injury lawyers and attorneys industry are expected to grow to $ 26.7 billion annually, 1.9% in the five years to 2012. In this period, the industry has benefited from an increase in the average age of the u.s. population, which led to the number of visits to the doctor has to rise. According to IBISWorld industry analyst Kevin Culbert contributes "the aging of the u.s. population to growth of the industry because older individuals are more prone to accidents slip-and-fall, which can result in personal injury cases." Besides, the subsequent growth in the number of doctor visit results in a greater number of malpractice suits. This factor is expected to contribute to the sales growth in 2012.

Unlike many industries that has the industry declined during the recession, personal injury attorneys and lawyers a countercyclical nature to it. During the five years until 2012, the number of car accidents has dropped the United States is expected to reach 1.4% per year to 5.6 million. Also, the number of workplace deaths declined on a year basis of 3.2% to 4,801. "In spite of this," says Culbert, "the recession has created cash-strapped individuals are more likely to be a personal injury case in case of an injury." As such, make the decrease of potential customers not the poor performance of the industry during the recession.

In the five years until 2017, is 2.0% to 29.5 billion dollar industry annually grow revenue forecast. During that time, the industry operators will benefit from an increase in revenue generated by structured settlements, which have become more popular over the last five years. Structured settlements are a scheme in which damages be paid off over a period of time instead of all at once. During the recession was more popular structured settlements because many defendants were not able to pay damages in a lump sum. As such, the industry operators a large part of the revenue from past settlements generating in the years going forward. While structured settlements boost industry profit margins in the next five years, will help the growth of profits of the industry will be restrained by increasing price competition. An inflow of law students, who pursued degrees instead of the labour market, enter will lead to higher competition and a boost in the number of small businesses. The industry will remain very fragmented, with the average company with only three employees. For more information, visit personal injury lawyers & lawyers in the IBISWorld report of the U.S. in the U.S. industry page.

IBISWorld follow on Twitter: https://twitter.com/#!/IBISWorld
IBISWorld friend on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld industry report key topics

This industry includes practitioners of legal professions (i.e. lawyers or lawyers) that essentially the practice of personal injury law.

Industry performance
Executive Summary
Main external Drivers
Current performance
Industry-Outlook
Industry life cycle
Products & markets
Supply Chain
Products & services
Major markets
Globalisation & trade
Business Locations
Competitive landscape
Concentration in the market share
Key success factors
Cost structure Benchmarks
Entry Barriers
Large companies
Operating Conditions
Capital intensity
Key statistics
Industry data
Annual change
Important proportions

About IBISWorld Inc.
Acknowledged as the most trusted independent source of the nation of industry and market research, IBISWorld offers an extensive database of unique information and analysis on every u.s. industry. With an extensive online portfolio, appreciated for its depth and scope, rest the company clients with the insight to better business decisions. In addition to its headquarters in Los Angeles and IBISWorld serves a range of business, professional service and government organizations by more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

View the original article here

Personal injury lawyers & lawyers in the U.S. industry market research report ...-PR Web (press release)

Los Angeles, CA (PRWEB) March 13, 2012

Income for the personal injury lawyers and attorneys industry are expected to grow to $ 26.7 billion annually, 1.9% in the five years to 2012. In this period, the industry has benefited from an increase in the average age of the u.s. population, which led to the number of visits to the doctor has to rise. According to IBISWorld industry analyst Kevin Culbert contributes "the aging of the u.s. population to growth of the industry because older individuals are more prone to accidents slip-and-fall, which can result in personal injury cases." Besides, the subsequent growth in the number of doctor visit results in a greater number of malpractice suits. This factor is expected to contribute to the sales growth in 2012.

Unlike many industries that has the industry declined during the recession, personal injury attorneys and lawyers a countercyclical nature to it. During the five years until 2012, the number of car accidents has dropped the United States is expected to reach 1.4% per year to 5.6 million. Also, the number of workplace deaths declined on a year basis of 3.2% to 4,801. "In spite of this," says Culbert, "the recession has created cash-strapped individuals are more likely to be a personal injury case in case of an injury." As such, make the decrease of potential customers not the poor performance of the industry during the recession.

In the five years until 2017, is 2.0% to 29.5 billion dollar industry annually grow revenue forecast. During that time, the industry operators will benefit from an increase in revenue generated by structured settlements, which have become more popular over the last five years. Structured settlements are a scheme in which damages be paid off over a period of time instead of all at once. During the recession was more popular structured settlements because many defendants were not able to pay damages in a lump sum. As such, the industry operators a large part of the revenue from past settlements generating in the years going forward. While structured settlements boost industry profit margins in the next five years, will help the growth of profits of the industry will be restrained by increasing price competition. An inflow of law students, who pursued degrees instead of the labour market, enter will lead to higher competition and a boost in the number of small businesses. The industry will remain very fragmented, with the average company with only three employees. For more information, visit personal injury lawyers & lawyers in the IBISWorld report of the U.S. in the U.S. industry page.

IBISWorld follow on Twitter: https://twitter.com/#!/IBISWorld
IBISWorld friend on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld industry report key topics

This industry includes practitioners of legal professions (i.e. lawyers or lawyers) that essentially the practice of personal injury law.

Industry performance
Executive Summary
Main external Drivers
Current performance
Industry-Outlook
Industry life cycle
Products & markets
Supply Chain
Products & services
Major markets
Globalisation & trade
Business Locations
Competitive landscape
Concentration in the market share
Key success factors
Cost structure Benchmarks
Entry Barriers
Large companies
Operating Conditions
Capital intensity
Key statistics
Industry data
Annual change
Important proportions

About IBISWorld Inc.
Acknowledged as the most trusted independent source of the nation of industry and market research, IBISWorld offers an extensive database of unique information and analysis on every u.s. industry. With an extensive online portfolio, appreciated for its depth and scope, rest the company clients with the insight to better business decisions. In addition to its headquarters in Los Angeles and IBISWorld serves a range of business, professional service and government organizations by more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

View the original article here