Personal Injury Claims – The Evolution
Personal Injury claims the industrySince the establishment, of third party liability in Donoghue v Stevenson [1931] the law of tort has steadily evolved. The last decade has seen the law in respect of personal injury and third-party liability explode into an industry and a whole new field in which solicitors can practice. As with any industry that grows so rapidly there have been and still are some teething problems which if the client is not careful can result in financial loss and not to mention stress and huge drain on ones personal time.So what are the mistakes to avoidAs the industry grew so did the rogue’s. Initially teamed with like-minded law firms these rogue claims referral companies tied there clients into scrupulous loan agreements and unnecessary insurance policies. These loan agreement and insurance policies would then be deducted from the claimants personal injury claims compensation. This practice was highly frowned upon by the legal community and the media which later resulted in many firms and claims referral companies voluntarily setting a standard of service by joining organizations like the claims standards council. Long story cut short with the introduction of the ministry of justice this practice soon became obsolete. However till this day there are firms that still deduct a fee substitute from the claimants compensation. Make sure before you sign any agreements or give any details you clarify that no fees should be charged to you and no deductions should be made to your compensation.Whats the best route to takeIn my opinion using a good claims management company to make your personal injury claim is probably the best route. My reasoning for this advice is simply because a good claims management company will have a panel of specialist personal injury lawyers. These specialists personal injury solicitors will specialise in different area of personal injury law. Now if you have been involved in a car accident you will want a personal injury lawyer who specialises in car accident claims and not a solicitor who is jack of all trades. You wouldn’t want builder to carry out your plumbing repairs would you? Also a lot of good claims management companies insist their panel members work on a no win no fee 100% compensation basis making it a safe deal for claimants.Car accident claims and road traffic accidentsBy far one of the most popular type of personal injury claim today comes as a result of a road traffic incident. Here one party causes (also referred to as the third-party) the accident and one party or more suffers as a result. If the causation of the accident isn’t disputed by the third-party or their insurance company, the insurance company of the third party will then start to negotiates with the claimants personal injury lawyers to come to a settlement. The claimants solicitors will normally gather medical evidence to prove and assess the extent of the injury together with an assessment of damages. this will give them an indication of how much the compensation should be. At this point normally the third-party will start to make an offer or offers to settle the claim which in return will be communicated to the claimant by the solicitor. At this point the claimant can accept or reject the offer or make a counter offer. If a counter offer is made the insurance company can accept if they believe it to be reasonable or reject. If the offer or counter offer is rejected by the claimant or third-party insurers the claim can be bought to a court. If however the offer or counter of is accepted the compensation will be issued to the claimant for the personal injury claim please be advised once the offer has been accepted the claimant will not be able to pursue any further damages in respect of this personal injury claim.Accident at work or employers liability claimsAn employers liability claim or better known as accident at work claims arise when an employer neglect his duty to make sure the employee has a safe working environment which results in the employee suffering from a personal injury. In the event of such a incident the employee should ensure he follows all protocols laid down in his/her employment contract and make sure the company records the incident in the accident log/book. If there are any witnesses to the incident make sure you take down as many details as possible also make a note of as many details surrounding the accident at your earliest convenience whilst its fresh in your mind. Once you have instructed a good personal injury claims solicitor they will then start to negotiate with the employer much like the car accident claims procedure and the you the compensation you deserve.
Finance and Risk Management
In general, finance and risk management are two of the most crucial aspects in managing and operating a company. In the current business climate, management are often applied together with other management tools such as control systems, metrics, and information systems. The main objective of financial managers is to maximize the firm’s ability to protect its assets from unexpected risks. The field involves numerous subspecialties, including management, strategic, and implementation.The Computational Risk Management(CFRM) program, on the other hand, addresses the need for modern quantitative techniques in the financial service industry to develop and follow a global competitive advantage. Today, these professionals must deal with complex quantitative and decision problems in a fast, accurate, and economical manner. Their daily job requires them to use advanced quantitative tools and statistical analysis software, formulate and compare financial models, create policies, implement procedures, and enforce regulations. They must also regularly evaluate and update their numerical models. The demand for efficient and effectiv risk managers has led to the growth of many companies specializing in risk management.A career in finance and risk management requires strong mathematical skills, problem-solving abilities, analytical writing, and communication skills. These managers are required to develop and maintain strong mathematical skills so that they can analyze and interpret financial data. They must also be highly skilled computer applications developers and managers. They must also be proficient communicators, especially those who are often involved in day-to-day activities.One of the most important characteristics of a these professional is his or her creativity. In order to succeed as managers and owners of finance the firms, management professionals must be highly skilled in problem-solving and creative writing. These professionals use a wide range of strategies and techniques. Many of these management professionals will use mathematical and statistical techniques, including finance and risk management models, financial planning, and investing in derivatives and various financial instruments. Some other finance and risk management techniques may include using financial modeling, financial communications, and decision analysis and problem-solving.Financial management specialists use sophisticated financial analysis software and quantitative and qualitative statistical tools to make management decisions. These experts are heavily involved in information technology, finance, accounting, and insurance. These management specialists may work for private companies, government agencies, or finance and insurance consulting firms. A number of finance and risk management jobs are available at both public and private nonprofit organizations.Many of these specialists are required to have a bachelor’s degree or higher to work as finance and risk managers. Most these jobs require an advanced degree, along with at least four years of relevant experience. At times, finance and these specialists are required to take specialized courses to complete graduate studies. These management professionals can choose to study either in the field of mathematics or computer science.Risk management professional may also choose to enroll in an online management degree program offered by some colleges or trade schools. Online programs offer many benefits and flexibility, such as a fast track program, advanced learning and research opportunities, and the ability to work at your own pace. An online finance and risk management degree program offers courses in business management, financial marketing, statistics, and business administration. The program offers an outstanding Master’s degree in finance and risk management with a minimum of three years of relevant experience.An online degree program offer students a chance to develop into experts in various aspects of finance and insurance, using a well-designed curriculum that prepares students to enter the business world with both hands-on skills and theory building. Students who successfully completed the management degree program will be ready to move forward into highly competitive jobs in the financial consulting, insurance, investment banking, insurance, risk, and management sectors.The program offers students a unique opportunity to gain first-class knowledge in the essentials as well as an overview of key investment strategies. An excellent finance and risk management degree program to prepare students for a challenging career in this field. Graduates from the program become financially sound and able to make sound investment and risk decisions. Graduates with an Associate’s degree in risk management may even be eligible for senior executive positions.You can invest today on a profitable Forex system. Try Tradeonix Pro.
Day Spas and Resort Spas Set a Bad Example When Training is Overlooked
When spas and resorts overlook needed training and customer relationship’s its a loss for the industry and the client. With our society highly focused on both inner and outer beauty and wellness, it is key that spas and therapists don’t lose sight of the real purpose they are in business. Results based, experiential services and the client. When spas have a lackluster attitude about sub standard training and operations, they are not the only ones hurt. Many spas say they are lacking the clients they need and the wanted exposure to make them successful. Much of that is due to gaps in training and insufficient customer service, because people don’t want to justify the cost for training. That sets a bad precedence for the industry. That is why providing cutting edge training seminars and in depth business reviews are one of the top priorities many industry experts, and foder for industry trend reports.That’s why training is a key focus of leaders like http://www.thelotuseffects.com .Most recently Lotus Effects and Spa College International trainers had big success in focused seminars in Costa Rica and Mexico City to address both hands on and theoretical training for spas and individual entrepreneurs. Pulling from business tools and insights from the spa and hospitality industry, along with showing how to access industry’s across the board for resources. The results were positive and client driven. Here are some key touch points to remember when reviewing different training’s and convincing your superiors that it is necessary;Spa Ambiance – You can’t fake being a good therapist, or giving a good treatment. You need tools and support. And remember that creating your visual and physical atmosphere helps you be competitive.Client Comfort/Trust – Stop copying what everyone else is doing and raise the bar on client comfort and trust, that in return beget loyalty. That comfort and trust comes with experience and training.Boomerang Booking – The whole purpose of your business is to entice clients to use your services and return to you for more. Put your time and energy into a focus of getting your existing clients to return. Plan for future outcomes and trends to some degree and create the menu to sell.Review Client Emotional Base – Build on seed ideas that have given you past enjoyable experiences that reflected your comfort, positive sensory level, therapist interaction, and feeling. Take action on the good points of how that affected your emotional base and transfer it to your spa treatments.Lifestyle Treatments- Address niche markets and money markets like LOHAS – Lifestyles of Health and Sustainability. Find gaps in the current trends like spa community living, lifestyle coaches, eco movements, and spa concierge services, then improve upon it.There are plenty more touch points to be aware of, this is a quick example, so you don’t fall into the trap of unwittingly setting a bad example for our industry. We have all heard of less than stellar spa services, maybe even experienced one ourselves. Without the correct training, it can go beyond that, with lack of knowledge of products, contraindications, treatment/client needs or even bordering on ethical and boundary violations, spas can run into trouble. This kills your business and drives a wedge in the seamless flow of what a spa needs and what our industry is trying to portray.Liz Galloway, who has trained people in several countries says, “It’s almost a universal problem that I continually run into. You can’t expect your staff to perform as needed, or act as your ambassadors without the right career training and support.” She goes on to say, “Invest in training where it counts, so it doesn’t affect your bottom line.”Don’t let lack of the right training or support of your staff hurt your business. There are many training solutions in the industry, and spas should be consistently monitoring trends and accessing industry professionals to continue to increase standards and create their own trends. Find training solutions at;The Lotus Effects Precision Training – http://www.thelotuseffects.comSanti Spa Management Training – http://www.frederiqueacademy.comCortiva Institute – http://www.cortiva.comSteiner Educational Group – [http://www.steinerleisure] .comThe next customized seminars from Spa College International will be in Jamaica Antigua and Thailand and include the new training partnerships with Michell Royer, and Angela Martindale bringing an additional 20 years of health, communication, management resolutions, bodywork, fitness and healing energy work into the training curriculum. Want to set a GREAT example? Have boundaries, be passionate, set trends, be authentic and create boomerang booking.Pick up the newly published core manual on spa treatments, marketing and empowerment tools for the spa professional – “Spa Essentials a Course to Mastery -From Fundamentals to Management” now for only $45 including workbook and forms.