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2004 - February Issue #6

Ideas are important. They are the starting point for any change initiative. That is why I have decided to make my own change in this first issue of the Litigation Management Report for 2004 and substitute the very popular Change Management section with an Ideas section. Look to this section for your opportunity to engage in some lateral thinking and confront, as the section suggests, ideas. You will find the first article on Clayton Christensen's theories on innovation a great introduction to this series.

The Litigation Management Strategy and Bill Management articles are also about ideas of a special kind called pre-conceived notions. Many insurance defense lawyers in particular misconstrue the all important element of transparency that must be the foundation for litigation management relationships with disclosure and open book management and balk at buying into the concept. The Litigation Management Strategy article on Transparency will clear up that misconception by explaining what it really means in the context of litigation management. This month's Bill Management article on Mindsets clears up the misconception that many litigation managers have that nice guys finish last. Not so! There is a role for a number of different mindsets in litigation management. Check them out and find out which one best suits your role at any given point in time.

It is important to have ideas of what is happening on the other side of the road. Take a look at the latest John G. Kelly Report and get a quick read on one of America's biggest unknown businesses: the plaintiff litigation business. It is a great introduction into the tort reform movement and I highly recommend ordering your free copy of the entire report.

Litigation Management Strategy
 

The Transparency Dichotomy

Transparency is at the root of profitable relationships. This statement strikes fear into the hearts of many insurance defense law firms. They misinterpret the term as meaning that they will be required to provide open book access to insurers, and react by building counterproductive ethical and practice management barriers to information exchanges... click here to learn more

Bill Management
 

Mindsets

What kind of a mindset does one need to function at a best practices level as a bill manager? Unfortunately, too often the answer to that question by litigation managers is "tough." Unfortunately, many insurance defense lawyers would tend to agree based on their front line interfacing with claims managers... click here to learn more

John G. Kelly Report
 

A Look at Fees from the Other Side

"Trial lawyers Inc. earned around $40 billion in revenues last year as settlements and claims reached record proportions". That quote from a recently released study by the Center for Legal Policy at the Manhattan Institute demonstrates that plaintiffs' litigation is big business.… click here to learn more

Ideas
 

Clayton M. Christensen and Michael E. Raynor
Title: The Innovators Solution

Executives often discount the value of management theory because it is associated with the word theoretical, which connotes impractical. But theory is consummately practical. The Law of Gravity, for example, actually is a theory - and it is useful. . … click here to learn more