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re: Tort reform in Louisiana - you can only choose 3
Posted on 2/19/24 at 6:06 pm to NC_Tigah
Posted on 2/19/24 at 6:06 pm to NC_Tigah
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)
Posted on 2/19/24 at 7:01 pm to SlowFlowPro
quote:No!
That or they'd get this PLUS the extra attorney's fees on top of the award.
Not "that or ..."
Sorry.
Just as I as the defendant could not collect all fees on a 15-attorney dreamteam at $1000/hr each.
The court would decide an acceptable hourly comp fee.
In such a system, injured parties would collect more of their settlement. Their lawyers would collect less. There would also be far less personal attorney incentive to manipulate a larger verdict.
Posted on 2/19/24 at 7:04 pm to SlowFlowPro
quote:... when they pay. OTOH, when they don't, they'd collect. In that system John Edwards will think several time before brining a sketchy case.
No matter what cut the PI lawyer gets, the insurance company pays more.
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