Legal Nurse Consultants have Three Options for Earning Income
Your salary is determined by the option you choose.
In-House Legal Nurses typically earn an hourly pay of $20-$60 per hour.
Your first option as a Legal Nurse Consultant is to find
a full or part time job. This type of Legal Nurse is called an
In-House or Staff Legal Nurse Consultant. Organizations such as larger law firms, insurance companies, and some managed care organizations have Legal Nurse Consultants employed full-time if they have a large enough case load.
In-house Legal Nurse
Consultants cannot be expert witnesses. It would be a conflict of
interest because they cannot be unbiased in their opinion on the
stand, due to a possible fear of losing their job. It may not be a
real fear, but the opposing attorney would certainly paint a
that picture for the jurors. They may be able to assist in
interviewing experts, but independent nurses more often network
and can locate those experts.
In this type of Legal Nurse
Consulting, you can earn an hourly pay of $20-$60 per hour.
But, you may also expect extra benefits that are offered with the
job. The pay and benefits for this option would likely be similar
to comparable autonomous nursing positions in your region.
Independently practicing Advanced Legal Nurse Consultants typically earn $125-$200 per hour.
Your second career option is to start your own practice where you would
work on a consulting basis. This is the most popular option because Nurses often become tired of working for anyone else. This option provides the ultimate flexibility, since you can take cases for
supplemental or full-time income. You can set your own schedule and take on as many cases as you wish.
The main benefit of this option is the
difference in pay. While an In-house Legal Nurse can expect to earn
$20-$60 per hour, an independently practicing Advanced Legal Nurse
Consultant (ALNC) can earn $125-$200 per hour.
As an independent Legal
Nurse Consultant, you can choose whether or not to accept a case. After
reviewing a record, you can take a side. If it happens to not be the side
of the attorney who hired you to review the case for merit, you will
discuss with him or her your thoughts. At that point it will decide
whether or not you should proceed with the case from a data extraction
perspective.
The independent Legal Nurse Consultant can act as expert witness during a trial because they are not employed by their
client. On average, you can earn $300-$500 per hour when acting as an expert witness.
Subcontractors typically earn 30-70% of the Independent Legal Nurse's income on a single case.
Your third option is to subcontract for other Legal Nurse Consultants. In
this option, you would work with other Legal Nurse Consultants or other
types of nurses who have hired you to help with their cases. Subcontractors are most often used when a Legal Nurse has a case that is outside of their areas of expertise.
You will typically be paid a percentage of the fee that they are paid on the case.
Subcontractors can make more money per hour than In-house Legal Nurse Consultants,
but less per hour than independently practicing Legal Nurse Consultants who work
directly with attorneys.
The down-side is that you would have to rely on other Legal Nurses to
secure work for you. Therefore, your work load may not be as regular as
you may want if you are not working with a well established Legal Nurse.
Deciding Which Path to Take
You don't have to stick with just one option. You can chose any combination of these three options.
Many Legal Nurse Consultants successfully work independently with attorneys and
subcontract with other Legal Nurse Consultants on the side.
Decide which direction you would like to pursue in your Legal Nurse
Consulting career. Do you feel that you have the drive and motivation to pursue
new cases to work on, or would you rather work a job where they tell you what
cases to do and how to do them? Most nurses chose to start their own practice
and work independently. However, the choice if yours. Since the idea of better
income with freedom and flexibility is appealing to nurses, most choose to start
their own practice.
How to Begin Practicing
Become a Legal Nurse with the Most Comprehensive and Effective Program
Practice in any of the areas detailed above after learn everything you need with the LNC STAT Program.
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