- 9 - or other documents relating to the injury were assembled. Mr. Yoon would prepare a list of cases with the date of the injury for the purpose of monitoring the 1-year period of limitations within which to commence litigation. A representation letter was then forwarded from the firm to the insurance company to notify the insurance company of the claim. Mr. Yoon then referred the client to a medical provider for diagnosis and/or treatment. Mr. Yoon monitored and assessed the progress of the medical treatment and any property damages, and the corresponding reports were forwarded to the insurance companies. Contact was then made with the insurance adjuster in an attempt to resolve the claim. In 1988, this was done by petitioner, and from 1989 through 1991, this was done by a negotiator employed by the firm. If the negotiator reached an acceptable settlement, the settlement draft was received and a release was prepared for the client to execute. If a property damage reimbursement check was received, the entire amount of the check was forwarded to the person entitled to the amount. If a medical payment check was received, the client's signature was obtained, and the amount was deposited and held in the firm's client trust account until there was a final resolution of the claim. If a bodily injury settlement check was received, it was associated with the file along with billing statements from the medical provider. A disbursement statement was prepared identifying the amount due to the client, to the firm for fees and costs, and to the medical provider. ThePage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011