In this issue of the LNCtips.com newsletter, you'll learn how to help plaintiff firms analyze cases for profitability.
Profitability Case Analysis
As a new legal nurse consultant, you may think that medical malpractice cases are litigated strictly on the basis of professional negligence (duty, breach of duty, causation, and damages). But attorneys for plaintiff firms also analyze potential cases for profitability.
Plaintiff firms work on a contingency basis and won't get a dime unless a case settles or is tried in their favor. Plaintiff firms don't take cases unless they're potentially profitable, even if the provider's professional negligence seems blatant.
Let's look at some of the most common strategies used by plaintiff firms to select potentially profitable cases and the implications for legal nurse consultants.