Judgment Reveals Strong Case for After the Event Insurance
Redress Risk Management Blog
by admin
3y ago
A recent publication of reasons for judgment regarding an injury claim in BC can make a case for all clients obtaining legal expense insurance. The outcome of a judgment regarding a plaintiff’s request to strike a trial by jury, serves to illustrate that not all cases will as in favour of the client as they might expect or hope. Case Details  On November 14, 2017, the BC Supreme Court, Vancouver Registry, published reasons for judgment in dismissing a plaintiff request to strike a jury notice in an ICBC injury claim. The case, Froese v. Wilson, saw a 17-year-old plaintiff who “became sev ..read more
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Recoverability of A Redress After the Event insurance premium in successful cases
Redress Risk Management Blog
by admin
3y ago
After the Event Insurance (ATE) is rapidly growing in popularity in Canada. As this happens, case law regarding different aspects of it becomes more readily available. One of the more “contentious” topics when it comes to legal expense insurance is premium recoverability. While there is not abundant case law on this topic, recently there have been a few cases that are worth discussion.  Even the strongest of claims has litigation risk and may or may not be successful depending on how a judge or jury perceives the evidence. The knowledge of this can often translate into a client settling ..read more
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Help a Personal Injury Client Face the Financial Risks of Litigation
Redress Risk Management Blog
by admin
3y ago
As a lawyer, it’s your job to consider the legal risk a client is taking on when pursuing a case. You’ll consider the client’s chances of winning their case, and their risk of being unsuccessful before recommending any action. But evaluating the client’s legal risk may not sufficiently cover their tolerance to the financial risks of litigation.  Take, for example, a personal injury client who is unsure about taking their case to court. They have received an offer of settlement from the defendant, but you both agree the offer is low. After assessing the case, you come to the conclusion th ..read more
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Is your personal injury client settling out of fear?
Redress Risk Management Blog
by admin
3y ago
What do you do when your client desperately needs money in a personal injury case? Do you settle early for a smaller amount right then and there even though you know they could have received a significant amount more over the course of their lifetime? It can be tempting to do so, when pressured by a client, but senior, experienced members of the plaintiff’s personal injury bar strongly advise against this course of action. This is because, when urged to settle by a desperate clients, some lawyers may take what they can get from the insurer in a rush instead of taking the time to “work up” the ..read more
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Is your firm exposed by not properly advising clients of after the event insurance?
Redress Risk Management Blog
by admin
3y ago
As a civil litigation lawyer, you advise your client about litigation risks and you take steps to protect against those risks throughout their action. You also need to protect your firm from any potential  actions against it. This is why you should properly advise your clients about Redress After the Event Insurance (RATE). Great Britain’s Code of Conduct for lawyers the SRA sets out compliance rules regarding After the Event Insurance. These rules indicate that clients must be informed about RATE Insurance coverage and be offered the opportunity to purchase an appropriate policy.  W ..read more
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Preparing a Personal Injury Client for the Courtroom with Confidence
Redress Risk Management Blog
by admin
3y ago
Many people have a natural air of confidence. They walk confidently, talk confidently, and act confident; it seems like nothing can make them falter. That all can change, though, when they enter a courtroom for the first time. The injury they sustained, along with the fear of a trial and a new environment, can shatter that confidence and leave it in ruins on the floor. The fear of a trial shouldn’t prevent your client from seeking the settlement they deserve. Cultivating Confidence in Your Client Before They Take the Stand   There are several ways in which you can help your personal injur ..read more
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Law Firm Risk Management Practices that Provide Better Protection
Redress Risk Management Blog
by admin
3y ago
When you’re running a business, risk is everywhere you look. It’s with the clients you choose, the cases and work you take on, and the running of the business itself. Because risk is around every corner, a law firm needs to have updated and firm risk management practices to help mitigate and avoid these concerns. Risk is the uncertainty caused by an event that may affect the achievement of objectives, particularly business ones. The management of risks that a law firm is exposed to involves decisions about avoiding negative impacts and pursuing a positive impact on future business opportunitie ..read more
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Rise Above Your Legal Competition with Redress ATE
Redress Risk Management Blog
by admin
3y ago
Competition is everywhere you look; it’s in a bookstore trying to sell more books, in a concrete company trying to repair more driveways, and in a law firm trying to get more clients. What’s unifying about competition is the fact that everyone tries. You’re not the only law firm that wants more clients; your competition has that growth goal, too. While growth and the accumulation of more personal injury clients is a reasonable goal, fulfilling it can pose a challenge. Rising above the noise of your competitors is imperative, and Redress ATE is the key. When you have Redress ATE, your clients a ..read more
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After the Event Insurance is Your Competitive Advantage
Redress Risk Management Blog
by admin
3y ago
Distinguishing your legal practice from others in your city can be challenging. You offer the same services, but your firm is better. Now, how do you get prospective clients to realize that? Taking the time to get to know your client, along with bringing them more value than the services you can provide them with will help your law practice differentiate itself from others; the first often makes the second part easier. To give your personal injury clients more value, you can easily accomplish that with Redress after the event insurance (RATE). After the Event Insurance Basics Redress ATE is a ..read more
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How Law Firms can Stay Competitive in a Growing Market
Redress Risk Management Blog
by admin
3y ago
Law firms don’t have it easy. With many firms often operating within the same city limits, it can be hard to differentiate your practice from the slew of others also looking for attention and clients. It can seem like clients sometimes just play eeny meeny miny moe when trying to pick a law firm to meet their legal needs instead of looking at a practice’s merits. Competition is now fiercer than ever as the legal market continues to become overcrowded with new players, different business models, and an ambitious generation of new lawyers. The fact of the matter is, though, that several law prac ..read more
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