Trajector Lays Off 500 Employees

      I have no idea where this leaves their Social Security operations. This may just affect their VA claims operations. I’m getting the 500 number from anguished tweets from laid off employees.

About A 4% Market Share For Trajector

      Events at Myler Disability which is now a division of Trajector, are fascinating to people like me. That plus the lack of other news in the Social Security world has led me to post a good deal about Trajector this week. However, it's best to understand that while Myler's 2020 revenues were $48.48 million, the total Social Security attorney fees paid in 2020 were $1.08 billion, meaning that Myler only had about a 4% market share. Could a larger entity like Trajector expand that market share? Perhaps, but maybe most claimants prefer to have someone local represent them. Maybe most prefer to meet with their attorney prior to the date of their hearing.

That Was Quick

      Trajector, which had acquired the Myler law firm, which is probably the largest entity representing Social Security disability claimants, has decided to withdraw its initial public offering of shares to the public, citing market conditions.