Stay Ahead of the Subrogation Curve

Mass tort lien resolution is complex and time-consuming. There are many steps to take before a lien becomes payable. Because it is easy for subrogation to fall behind, here are some tips to help your law firm stay on track.

 

Vulnerability to different forms of risk is real. Recognizing and responding to these areas is important. Examples of risk include timing struggles, monetary loss, and even damage to client relations.

 

Get a pulse on your operations by establishing workflow processes. Look to isolate and investigate each thoroughly to uncover inefficiencies. This will help pinpoint necessary actions and workflow adjustments. Be sure to communicate expectations clearly with staff to establish accountability and a clear understanding of the new processes.

 

Finally, watch out for the enemy of the contingent law firm – Time. Time silently erodes every dollar equal to the lost goodwill of a job well done. Law firms spend a tremendous amount of money to earn a client. Make sure you are doing everything you can to protect that investment.

 

Stay ahead of the subrogation curve by tapping into our expertise. We know the subrogation process inside and out. Let MASSIVE help review and then implement the most effective mass tort subrogation procedures based on a clearly focused approach. MASSIVE’s customers have reported to have reached resolution with lienholders a minimum of two months sooner than the attorney would in similar circumstances.

 

To read more about how to navigate the intricacies of Mass Tort lien resolution, you can also check out Mass Torts A to Z: Legal Industry Experts Reveal Everything Lawyers Need to Know to Start or Grow a Mass Torts Practice (Lake, 2021). MASSIVE’s CEO, Todd Franklin, is proud to be one of the contributing thought leaders to this Amazon bestselling book and wrote a thought-provoking chapter on Mass Tort Lien Resolution.