Have you ever considered all the expenses of a personal injury case? Just look at what 5 hours can cost you while investigating the merits of the case using the treating physician. Most physicians do not like working with attorneys on these cases and so are difficult to contact. Many times the attorney does extensive medical research in preparation for meeting with the MD, and will also loose time playing phone tag.
Consider these two scenarios:
1)
· Attorney spends 5 hours contacting MD, researching injury, organizing medical records
o $250/hr x 5 hrs = $1250
· MD charges 5 hours to screen medical records, typically reading only physician records
o $500/hr x 5 hrs = $2500
· Total cost to learn merit of the case
o $3750
2)
· Attorney contacts Schaab Consulting after initial client call, arranges for screening, organizing of records, and a brief report including research.
o $250/hr x 30min = $125
· Schaab Consulting provides above services in 5 hours, including review of all records provided and recommendation to obtain further records
o $100/hr x 5 hrs = $500
· Total costs to learn merits of the case
o $625
Sunday, March 8, 2009
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