3 Signals It’s Time to Close the Claim

Some Workers Compensation Claims seem to have a life of their own. Before you know it, years have passed since the Date of Injury. Here are 3 signals telling you to take a hard look at settling now. The Injured Workers is 61 years old. Once an injured worker reaches age 62½, any buy-out of future medical…

Tactics vs. Strategy

Tactics are steps you take to win short term goals on the way to achieving your strategic objective. Sometimes tactical skirmishes distract workers compensation professionals from pursuit of their strategic goal. On the other hand, you can’t reach your strategic objective without well-thought-out tactics. The Disputed Doctor’s Deposition Take the case where an attorney insisted…

Why Mediations Are Like Diamonds

Anyone shopping for a diamond quickly learns diamonds have four characteristics known as the four C’s: Like a diamond, mediation is incredibly valuable and has its own 4 C’s: Confidentiality Candor Creativity Collaboration Confidentiality Confidentiality is what makes mediation work. Anything said in mediation cannot later be used in a court. If the parties do…

WHY YOUR WORKERS COMP CLAIM EVALUATION IS WRONG

Contradictory dynamics involving life expectancy affect your large-exposure workers compensation claim evaluations. The industrial injury plus co-morbidities may decrease the injured worker’s life expectancy. But medical advances and heredity may mean your estimate of the injured worker’s life expectancy is too low. The Mortality Table Isn’t the Whole Story Parties typically use a mortality table to compute…

YOU CAN’T SETTLE IF YOU DON’T KNOW THE ISSUES

HOW MANY PIECES ARE THERE TO THE SETTLEMENT PUZZLE?   Answer:  Probably more than you think. The more issues there are in a negotiation, the greater the opportunity for give and take across issues. This adds flexibility for parties to shape a settlement acceptable to all. Trading across issues in negotiation is called “logrolling.”Every case has its own…