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re: Tort reform in Louisiana - you can only choose 3

Posted on 2/19/24 at 5:58 pm to
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124273 posts
Posted on 2/19/24 at 5:58 pm to
quote:

Nobody has ever given a rational explanation of how loser pays wouldn't be terrible for insurers/defendants.

You assume a system which would award ambulance chasers at a rate of 33-40% of the settlement. Please don't use the term "rational" when promoting such crap. It's sloppy and beneath you.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424224 posts
Posted on 2/19/24 at 6:06 pm to
quote:

You assume a system which would award ambulance chasers at a rate of 33-40% of the settlement.

That or they'd get this PLUS the extra attorney's fees on top of the award.

quote:

Please don't use the term "rational" when promoting such crap. It's sloppy and beneath you.

No matter what cut the PI lawyer gets, the insurance company pays more.

The award/settlement/judgment remains the same. Then they have to pay more (as the loser, paying)
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