Managing complex construction projects and costs through process-driven discipline by eliminating waste and maximizing value is not limited to the construction site; it is directly applicable to the high-stakes world of subrogation. The very systems used to ensure construction projects are successful are the same systems that can transform expert witness engagement from an unpredictable cost into a managed, value-creating investment.
Our framework for managing expert consultants begins by defining the value drain in typical subrogation files and the Seven Wastes that erode recoveries. From there, we introduce a paradigm shift, applying proven principles from Lean, Scrum, and MVP to create a proactive, ROI-focused system. Finally, we detail the operational steps for executing this system, from initial hiring to final reporting, ensuring every action is purposeful and every dollar is accounted for.
Traditional, ad hoc management of experts often directly undermines the goal of subrogation attorneys and claims professionals to maximize net recoveries of subrogation efforts. This program is a practical, actionable playbook to control costs, mitigate risks, and achieve demonstrably better financial outcomes on their cases.
Program Outline
- Introduction
- The Subrogation Value Drain: Identifying and Defining Waste
- The Foundational Shift: Viewing Subrogation as a Value Stream
- The System, Part I: Architecting Success Before Engagement
- The System, Part II: A Phased, ROI-Driven Framework for Execution
- Bringing It All Together: Inspecting What You Expect
- Conclusion
Learning Objectives
- Identify the common sources of value drain and the Seven Wastes in expert witness engagements.
- Apply Lean, Scrum, and MVP principles to reframe expert engagement as a managed investment.
- Implement a phased, ROI-driven framework for managing expert consultants.
- Utilize structured tools and quality standards to ensure accountability and high-quality work product.
This program is applying for continuing education credit for both attorneys and insurance professionals in Florida, Nevada, California and Texas.
Many states acknowledge reciprocal credit for courses certified through the Texas Department of Insurance. Be sure to review the guidelines specific to your state and verify the process for obtaining credit for a course approved with the state of Texas.
- Robby Ward, Expert, Pete Fowler Construction
- Brian Letofsky, Partner, Watkins, Letofsky & Kerns, LLP
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