We're All in This Together: How to Create a Cohesive Unit In Claims Litigation
In-house, outside counsel must work as a team with insurers, brokers and insureds to manage risk effectively.
June 03, 2019 at 07:00 AM
6 minute read
As risk management professionals, we often spend large portions (if not all) of our day arguing or debating with opposing parties and attorneys. Sometimes those debates or arguments extend to our own outside counsel, clients or other interested parties or individuals. In a climate where we are so often focused on “winning the fight,” we sometimes lose sight of the fact that in-house counsel, outside counsel, risk management and other insurance representatives are on the same team in most instances, and usually have the same goal or outcome in common: minimizing costs and closing a claim efficiently and effectively.
The following concepts and ideas are basic steps that can be taken to help create a cohesive unit among the various stakeholders in the risk management industry.
Maintain a team approach among in-house counsel, broker and insurer.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Trending Stories
- 1Wine, Dine and Grind (Through the Weekend): Summer Associates Thirst For Experience in 'Real Matters'
- 2The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 3The 'Biden Effect' on Senior Attorneys: Should I Stay or Should I Go?
- 4BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 5'You Are Not Alone': 120 Sex Assault Victims Plan to Sue Sean 'Diddy' Combs
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250