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Originally Posted by Did you just call me Coltrane?
This is why subrogation is great. No emotions. Known damages (mostly property and BI). No hourly billing. But like PI, you have to get the right cases.
It's not actually great. But it isn't terrible. I don't hate it?
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Lucrative, as well, if you get the right sort of insurance-covered disaster near your offices. There's a firm in Philly that transformed from a small insurance defense shop into a national full service provider on the back of huge subrogation recoveries following a massive disaster in the city in the 80s.
But contracts are easier. The he said she said elements and investigation of events gets really complicated. I've always found it funny that lawyers get paid a premium to handle contract issues. Reading and enforcing (or advising on risk of violating) agreements is easy. You got the paper, you got the law that might govern it. The variables are limited. In cases regarding physical events, the variables are endless, and nobody can ever say, "Your version of facts is immaterial. The agreement is integrated." Every bullshitter gets to offer his theory and all must be assessed on credibility.
