Personal Injury Claims – A Road to Justice

Justice is the word that is associated with all the civilized nations of the world. It is made sure that the culprits and the guilty ones should pay for the wrong deeds they do to others. Law is the most important tool through which the deliverance of the justice is made possible. Personal injury claims are one such channel through which it is made possible. The claimants get the deserving compensation and the guilty ones have to pay for their deeds in form of monetary compensation. These cases are a very important art of the law proceedings all over the world where it is made sure that the victims should be compensated for their pains and the guilty ones should be penalized for their recklessness and neglect.

Personal injury claims involve the petition of those who become the unlucky victims of one or the other type of accident. These victims have to go through a physical injury, mental agony or property damage that are the resultant of that accident which has happened due to the recklessness of another person. These accidents can be the road accidents, the workplace injuries, the cases of falling due to slipping or tripping or the accidents involving the malpractice by any profession like medical malpractice. All these types of accident make a lot of victims turn into claimants seeking the compensation for their losses and pains.

There are specialist lawyers who are there to help these victims. They help these claimants from the basic step of determining the nature of the accident to the final step of getting the justice in form of the grant of the compensation. The specialist lawyers can be found related to the specific genre of the personal injury field. And it is always advised to get the consultancy from these lawyers as they guide the claimants in the best manner and they present the case in the favor of the claimant. There are those lawyers also who offer to file the cases on the no win no fee basis where the claimant has to pay not a penny in both cases- winning or losing.

Settlements are also a way to get the compensation claim and this refers to the off the court settlement between the claimant and the third party insurers. Otherwise, the case is sorted out in the court room. The claimant seeks the compensation for the pains and losses ha has suffered as a result of the accident and this counts a lot for him if he gets this monetary relief.

These personal injury claims are definitely an active channel through which it is made possible for the deserving claimants to be compensated via monetary relief.

The contents of the article are provided for informational and educational purposes only and are not intended for a legal advice.

Careless People Paying For Their Recklessness in Personal Injury Cases

All the civilised nations believe in one common thing and that is the deliverance of justice to the innocent ones. Along with this it is also made sure that the guilty ones should pay for the wrong they do to others. For this purpose have come many legislative reforms for the help of the poor sufferers. Personal injury claims are one such reform that has been refurbished keeping in mind the point of justice being done. Through this medium, the guilty ones are being made to pay for their carelessness and recklessness that causes great harm to others.

These responsible parties can be anyone ranging from reckless car drivers to irresponsible employers and malpractitioners belonging to any profession who do not keep in mind the safety of others and try to get away very quietly and cleanly without acknowledging their faults and mistakes. Through the channel of personal injury claims, all those who are made to suffer by these careless guilty persons, can file the compensation claims and ask them to pay for the physical pains and mental anguishes along with the property damages.

Though these responsible and guilty ones have their insurers to protest them but if a case is being filed in the court then they really can not do much. The very first option that they keep is the lowball offer that they make to the claimants. These insurers offer a very low amount of compensation asking the claimant for an off the court settlement. This works at times if the claimant has not much time and finance to go for the court room proceedings.

But those claimants who have strong cases against the responsible ones and they have a specialist lawyer to represent them either going for a settlement or court proceedings, then theses guilty ones have to pay what the claimant asks for. The professional lawyer makes them to surrender to the demands that are very righteously made by the claimants for the physical and mental pain and suffering. This the purpose of these compensation claims where it is made sure that the guilty ones should be punished for the wrong they have done which they do not want to own.

Through this medium, they have to pay for the medical expenses and the financial losses a claimant goes through as a result of the accident. These monetary charges are being charged from them to provide a relaxation especially the financial one that is being caused by the specific accident. In this manner, the neglect and carelessness of these irresponsible persons is made to be paid in form of the monetary compensation; the justice being asked by the innocent victims.

The contents of the article are provided for informational and educational purposes only and are not intended for a legal advice.

How to Increase Your Law Practice Cash Flow By Helping Your Clients Choose Their Own Fees

One of the biggest reasons most lawyers struggle with the business end of law practice is because of the old, outdated, clients hate it and so do lawyers, practice of billing time on an hourly basis, often in six minute increments.

When I was working for large law firm, there was really no choice but to bill time. The managing partners had no way to track effectiveness of associates without it. And, frankly, it’s one of the reasons I left to start my own law practice.

As a corporate tax and estate planning associate, billing time just didn’t seem to work well. Clients weren’t communicating with us as often as they should because they knew they’d get a bill in the mail weeks later for the $67.50 email they sent and I would more often than not choose not to bill time for work performed because, honestly, I felt bad doing it when I was answering a quick question for a nonprofit or personal client.

When I hung my own shingle and started my law practice, I knew that I’d have to make the switch from hourly billing to something else, but I wasn’t sure how to do it or what the something else would be.

I found myself losing money because I wasn’t billing for the quick calls, the requests for referrals to other lawyers and the myriad of other little things that would come up that felt like billing would take more time and cost more than just writing off the time.

I was losing money, fast. And I could see it wasn’t sustainable.

So I made the shift to billing for my estate and business planning services on a flat fee basis. I looked at what other lawyers were doing based on their listserve posts and discussions and created my own flat fees.

But there was a problem… client’s weren’t signing up as often as I felt they should and I knew it all had to do with the fees.

I wasn’t explaining them properly. I almost considered switching back to the hourly model, which all clients could understand and, it seemed, almost expected.

Then, I engaged a client for a $5,500 trust package. Success! Except then it wasn’t…

Within 2 weeks they had called me back to cancel the planning. They had found another lawyer who would provide EXACTLY what I was providing for just $2,500. And while they said they would be happy to pay me $1,000 more for the additional service and relationship I provided, they couldn’t justify more than double.

I was devastated. I knew I was offering more than the lawyer who was charging just $2,500 for EXACTLY the same thing, but I didn’t know how to articulate that more.

So I let them out of our agreement. As I did so, I made a request. I said to the client, “okay, I understand what you are saying and I have a request. Would you please get back in touch with me after the planning with this other lawyer and share your experience with me?” He said yes and, frankly, I never expected to hear from him again.

But hear from him I did. And it was better than I could have ever hoped for. In fact, what he shared with me became the basis for a complete redesign of the way I charged for my legal services, explained them to clients and was most likely the #1 single thing most responsible for my being able to go on to build a million dollar a year plus law practice.

This client came back to me with a point by point analysis of my process and the other lawyer’s process and what I was able to see is that the plan the lawyer was delivering for $2,500 was not EXACTLY like the one I had quoted a $5,500 fee for.

In fact, for the plan that lawyer was delivering to his clients, I would have charged only $3,500, which was the exact amount the clients said they would have paid for my enhanced service and relationship offering.

In fact, I was including two additional items in my $5,500 plan that I could now let my clients choose whether to include or not and they could, in effect, choose their own fee!

Today, those $1,000 questions are the foundation of the fee quoting system I developed and have now taught to hundreds of lawyers who are using these questions to engage more clients and receive higher fees by clients who are happy to pay them.

While I cannot explain the $1,000 questions in full here, I can describe the starting place for making the shift from hourly services to packages your clients are happy to pay for.

First, identify three levels of outcomes or value you provide to your clients.

For example, in the estate planning practice, our Personal Family Lawyer members have a basic plan for families who don’t have assets that would go through probate, a mid-level plan for families with assets that would go through probate and a high level plan for families who want their lawyer to handle not only all the planning and documentation, but the transfer of their assets as well.

In the business planning practice, our Family Business Lawyers may have three packages focused on clients just starting up their business and need all the deliverables associated with a new startup, a package that is for the business owner who has been at it for some time and needs ongoing strategic support and finally a high-end package for the business owner who is ready to consider selling the business and wants to prep it for sale.

In a divorce practice, you may use stages, such as pre-divorce consultation and planning, filing of the complaint and all pre-litigation matters, mediation or collaboration of marital settlement agreement and then a whole separate set of packages if litigation is necessary.

Second, assign a value to these outcomes.

The value is not about the hours you will put into the outcome, but instead about the value of the outcome to the client.

For example, a startup client in the business side of a law practice may require far more hours than the strategic support for the ongoing business owner needs, but the start up client has less available assets and your package would be priced less with the intention that the start up work is just the beginning of a life-long relationship with the client that will net your law practice quite a lot of income over time – if you can support the business to get off the ground.

A client family with less assets at stake in the event of a death or disability would naturally want to pay less than a family who has assets that would go through probate or even be subject to estate tax.

Price your packages accordingly.

Third, create a fee schedule that lays these packages out clearly

I invested $10,000 to work with a consultant to design my packages and fee quoting system. Then I invested another $2,500 to visually represent the packages in a fee schedule.

That $12,500 was the best investment I ever made in my law practice because it took me from struggling to engage clients and command fees I knew I deserved to engaging just about every single client who came into my office and at higher fees than I ever had before.

The best part is my clients were happy to pay the fees because they were choosing the fee themselves. And, thanks to the $1,000 questions, in many cases, they were choosing to pay me $1,000-$2,000 more than they would have if I had just quoted a fee without the questions.

Are you ready to make this kind of shift in your practice? If so, why? If not, why not? What’s stopping you?