Is It Time to Call in the WIP Doctor? - Edel Rome, Citadel Law

05/05/14. Edel Rome, solicitor at Citadel Law, shows how diagnostic review can improve financial viability for clinical negligence lawyers. Our diagnostic reviews of law firms’ clinical negligence caseloads often highlight low levels of expertise and poor risk management. These have a substantial impact on key areas such as client care and billing. They also represent a major negligence risk, with the knock-on effect on professional indemnity insurance and ultimately cash flow and financial viability.
Many new entrants into the clinical negligence market quickly appreciate that there is a lack of immediate profit and a pressing need for substantial capital investment. Clinical negligence diagnostic reviews help our clients to understand what lies beneath and whether the work is set to turn a profit or become a headache. Defendant lawyers are not slow in giving claimant clinical negligence lawyers a kicking if claimants’ bills of costs indicate inefficiency or poor advice in successful cases...
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