Last week I wrote a post called “SVMIC Rate Increase – NOT.”  The post explained that SVMIC had not raised its insurance rates for its owner-doctors in 2008.  Read the entire post here.

I then received this comment from Tom:

What’s wrong with making a profit?  I am sure as a business owner that is your goal as well.  Have you reduced the rates to your clients or decreased your contingency % this year (or in a year that you had large profits or extensive reserves)?  While you may not like SVMIC’s clients or practices, they appear to be a well run company.  Well-run company’s [sic] make profits.  Poorly-run company’s [sic] get bailed out by the government.

The folks at Robert Half Legal did a survey of 300 attorneys among the largest law firms and corporations in the United States and Canada. All respondents had at least three years of experience in the legal field.

Apparently, lawyers were asked, “If you could change one aspect of your job as a lawyer, which one of the following would it be?”  an article says the responses were as follows:

Decreased job stress   31%
Less hours at work or more personal time   30%
Accelerated career growth   14%
Greater professional autonomy   5%
Increased on-the-job training   3%
Higher salaries/compensation   2%
Other   5%
Nothing   8%
Don’t know   2%
    100%

One of Robert Half Legal’s conclusions after reviewing the survey:  "When it comes to retaining top legal talent, less stress and fewer hours on the job may matter more than compensation."

OK – that is probably true.  What would be much more helpful is to know what amount of pay decrease lawyers willing to accept to get less stress and more free time.    For example, 30% less pay for 30% less work?  No employer in its right mind would accept that deal under ordinary circumstances.

Did you hear about the State Volunteer Mutual Insurance Company rate increase?  No, you didn’t – because it didn’t happen.

Typically the media gets a press release from SVMIC saying that insurance is increasing X% and we hear from the TMA that the world is coming to come to an end as a result of it.

This year, nothing.  Recall of course that the inflation rate in 2007 was close to 3% and this year it is running over 4%.  The health care inflation rate is almost double the normal inflation rate.  Thus, is would be  reasonable to assume rates would increase every year.

Here is an interesting article from Auto Week about new and improved (?) electronic data recorders.

EDRs currently obtain data from airbags, yaw and stability sensors, antilock brakes, traction controllers, throttle controls and engine monitors.  They initiate only when sensors indicate that a crash is imminent or has occurred.  Some also keep data such as secondary impacts and vehicle roll angle for as much as five seconds after a crash.

However, the new version of the "black boxes,"  called vehicle status data recorders (VSDRs), run constantly and collect additional data such as wheel and engine speed.  Used by Nissan,  VSDRs  gathers and stores vehicle operating data.  Some fear that the information can be used for voiding warranties.  Others have privacy concerns.

A Handbook for Tennessee Tort Lawyers 2009 has been sent to the printer.

The 2009 of the book follows the same format as the 2008 version.   It has been expanded to include 8 new chapters and 28  new sections on tort law subjects for a total of  262 sections.  Each section includes the key language of the leading case on that subject and, as appropriate, citations to other important cases on the subject.  Also included is a reference to all opinions released in the last year on tort law organized by chapter and section.

The book also includes the full text of all of the new  statutes of interest to Tennessee tort lawyers.

The Oregon Supreme Court has released a fascinating opinion on expert testimony. 

The Court stated that the Plaintiff

experienced symptoms of pain, swelling, and discoloration in her left hand immediately after injection of a chemical called gadolinium; her pain and the discoloration have continued.  At trial, plaintiff proffered the testimony of a medical expert that the gadolinium, instead of going into the vein, went into an area of her hand outside the vein, a circumstance known as "extravasation."  As a result, according to the expert, the toxicity of the gadolinium caused both her immediate and her ongoing symptoms.  Defendants objected to the expert’s proffered testimony, and the trial court ruled that the testimony did not meet the legal standard for scientific validity.  The Court of Appeals affirmed.

After over 13  years,165 editions, and no less than  1500 printed pages,  I have resigned from my position as the Editor of the Tennessee Tort Law Letter."   The September 2008 edition, mailed a couple days ago, is my final edition.

I will be taking one month off and then will launch a new tort law newsletter in November, 2008.  Brandon Bass (who  has resigned from his position as Assistant Editor of the TTLL) will be joining me in the effort. 

I will share the details on the new newsletter at a later date.  For the time being suffice it to say that the new newsletter will be a dramatically different publication and, I hope, one that helps its readers help their clients. 

I am Columbus, OH today speaking an Ohio Association for Justice seminar program.  The hotel where I am staying is right down the street from the Ohio Supreme Court building.  It is appropriate, then, that I write about a new opinion handed down by that court on the issue of damages that may be recovered by a spouse who took off time from work to care for a spouse injured by the negligence of another.

The plaintiff was a financial planner who took off work to care for his injured wife.  He sought over $1,000,000 in loss of income.   A 5-2 majority of the court rejected his claim for this element of loss, holding instead that he could only recover the economic value of the care as if it had been provided by a non-family member.

To be more precise:  "part of the injured spouse’s damages against a defendant can include the fair market value of the home health care provided by the uninjured spouse. Damages are measured not by the lost income of the supporting spouse but by the market value of the services he or she renders."

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