Yet, not every conversation with a disability attorney in 2014 was one of pain. The Davids were getting hit by some pretty large slingshot rocks.
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I know of some Social Security attorneys who went into early retirement in 2014. We all cried, “Where is the similar coaching for the judges who deny too many?” That resulted in claimant files that didn’t get processed, hearings that didn’t get scheduled, benefits that didn’t get awarded and, yes, legal fees that didn’t get paid.Īnd then there were the horror stories of ALJs being coached and even punished when they awarded benefits too often. So what did we hear in 2014? Well, a lot of pain and concern – starting with repercussions from the October 2013 federal government shutdown. I like to joke that at our specialized marketing agency for disability attorneys, we talk to more disability lawyers than anyone in America other than Barbara Silverstone. RELATED Top 3 Ways Social Security Disability Law Firms Can Improve Their Intake Process > What’s it all mean for the Davids of the Social Security Disability profession?
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So, I don’t want to write today about the Goliaths. Private Equity, which bought a stake in Binder & Binder in 2010, knows some good lawyers and accountants. Gee, it wasn’t so long ago The Wall Street Journal reported, “The $88 million the Binder firm collected in 2010 was more than triple the $26 million it got in 2006, according to data obtained under a Freedom of Information Act request.” On the other hand, if you think you had a bad year, at least you don’t owe $40 million.Īccording to news reports at the end of last week, national disability advocacy firm Binder and Binder “is preparing for a possible Chapter 11 bankruptcy filing…as it faces roughly $40 million of debt and shrinking demand for its services amid tightening government scrutiny of claims.” If you’re a Social Security disability attorney, you don’t need anyone to tell you 2014 has been challenging. In fact, they’re more important than ever.) But the 6 points of advice below still hold true. Now that takes the form of threatened budget cuts under the Trump administration. Binder cited tough conditions in the government. We find the issues raised in that article still resonate today, but for evolving reasons. (UPDATE: Many of you responded passionately to our 2014 blog post about the bankruptcy of behemoth disability law firm Binder & Binder. What Binder & Binder’s Bankruptcy Means for Your Disability Law Practice