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Florida's "no fault" insurance laws are pretty great for lawyers

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Brilliant Stirring Filthpig
  03/20/18
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Brilliant Stirring Filthpig
  03/20/18
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Brilliant Stirring Filthpig
  03/20/18
No Fault claims are bulk settled in arbitrations. You bundle...
trip native reading party
  03/20/18
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Plum regret
  03/20/18
Why? Isnt NF designed to reduce the need for a plaintiff&rsq...
wine chad gaping
  06/02/20
no fault, no worries, no money
Rebellious dun double fault pocket flask
  06/02/20


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Date: March 20th, 2018 9:18 AM
Author: Brilliant Stirring Filthpig



(http://www.autoadmit.com/thread.php?thread_id=3923571&forum_id=2#35643980)



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Date: March 20th, 2018 9:55 AM
Author: Brilliant Stirring Filthpig



(http://www.autoadmit.com/thread.php?thread_id=3923571&forum_id=2#35644132)



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Date: March 20th, 2018 9:55 PM
Author: Brilliant Stirring Filthpig



(http://www.autoadmit.com/thread.php?thread_id=3923571&forum_id=2#35649205)



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Date: March 20th, 2018 10:02 PM
Author: trip native reading party

No Fault claims are bulk settled in arbitrations. You bundle $10 million in billables and settle it in one day long arbitration over binders full of bills. Very few cases relatively escape arbitration and go to litigation and those typical involve mills and wild abuse that the carrier wants to see litigation over. The attorney who bulk settles $10 million in claims will walk away with like $150k in fees. It takes like 2 years to collect the book of business to get to that arbitration. It's profitable but not as insanely profitable as you think. In NYC like 4 firms split like 80% of the NF work between them. The big NF firms each represent like 5,000 medical practices and hospitals -- EACH. They are pretty fucking huge operations. When a claim is handled outside of arbitration the fees are far more lucrative. But like 80% end up in arbitration. Before 2007 or so it was the other way around and they REALLY made bank.

(http://www.autoadmit.com/thread.php?thread_id=3923571&forum_id=2#35649266)



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Date: March 20th, 2018 10:06 PM
Author: Plum regret



(http://www.autoadmit.com/thread.php?thread_id=3923571&forum_id=2#35649307)



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Date: June 2nd, 2020 2:35 AM
Author: wine chad gaping

Why? Isnt NF designed to reduce the need for a plaintiff’s lawyer?

(http://www.autoadmit.com/thread.php?thread_id=3923571&forum_id=2#40326940)



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Date: June 2nd, 2020 2:36 AM
Author: Rebellious dun double fault pocket flask

no fault, no worries, no money

(http://www.autoadmit.com/thread.php?thread_id=3923571&forum_id=2#40326945)