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2020 was the best year my firm ever had. 2021 not so much.
Plaintiffs PI and med mal here in NY (not NYC). 2020 ended up being great. 2021 was rough. Like real rough. 2022 is shaping up to be one of the best years we've ever had. *Shrugs*
For perspective. I've brought in so far in 2022 what I brought in all of 2021 in fees.
Plaintiff-side PI that is the biggest firm in its region in NY (not NYC). 2020 was fine, 2021 was not so great, but this year has been crazy so far. A lot of 7 figure settlements already and we aren’t even in March yet.
Why was 2021 so bad? Defense side here and I didn’t notice any lower number of cases or settlements amounts on our side. Seemed very busy.
Yeah, that was also an issue- adjusters were calling my bluff with things since they knew everything was delayed.
I'm also finding defense attorneys are being bigger assholes than normal. Acting like they are personally writing the checks. Making motions on non motion cases, etc. Just to churn it
The defense attorneys are having to get creative to bill sufficient hours. Zoom has hurt them. They don't get to bill for travel time nor court time. Also harder for them to double bill during mediations like they're used to. This is coming from a Plaintiff's lawyer.