u/bminn123

▲ 11 r/LawFirm

P.I. - Reserves and Settlement Negotiations

For those with P.I. and/or insurance experience, when do insurance companies (e.g., progressive, State Farm, Allstate) set their reserves on a file?

What is the process for the adjusters to reset
and increase their reserves pre and post litigation?

Trying to get an understanding of when the best time for a plaintiff is to engage for settlement negotiations both pre and post suit being filed. Does your firm follow any hard rules on when to engage for settlement, do you follow a case by case approach, mix of each?

reddit.com
u/bminn123 — 14 days ago

Case Management Software - Value

P.I. Firm currently on smart advocate. Use it primarily for document storage. What value do you get out of your case management software? Anyone just managing cases with shared google drives?

reddit.com
u/bminn123 — 1 month ago