A few weeks ago, I wrote about a new product for malpractice lawyers called MedMal Reports. This company creates a report of the expected medical malpractice payout for a case based on the National Practitioner’s Data Bank. I received an email from MedMal Reports Chief Economist, Dr. David M. Frankel, asking if I might tell Maryland Injury Law Center readers about his new newsletter.
I get a lot of these emails and my first instinct was to press delete. But I took a quick look at the newsletter. If you are into the statistics of personal injury and medical malpractice cases like I am, you will love the newsletter. It answers the questions I have always wondered about: whether gender matters (it does not), and what is the optimal age of a plaintiff regarding settlement/trial value of the case (30-39).
As always, excellent information is power. This kind of information does two powerful things for medical malpractice lawyers. First, it gives you ammunition to use in settlement negotiations. Most good medical malpractice cases settle. The battleground is usually over price and detailed information that shows the value of your client’s case is helpful. The second thing it gives you is information to inform and educate the client in making the call whether they want to take their medical malpractice case to trial or whether to resolve it.
This is the first newsletter MedMal Reports have put out. I get the idea that it will be monthly. As anyone who blogs knows, consistently putting out useful and informative information is hard. But with the analysis Med Mal Reports has done with the treasure trove of information the National Practitioner’s Data Bank provides, their weapons arm them with the continued ability to provide regular information of interest to health care negligence attorneys… both sides of the v.