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

Posted on 2/19/24 at 6:06 pm to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424904 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)
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124492 posts
Posted on 2/19/24 at 7:01 pm to
quote:

That or they'd get this PLUS the extra attorney's fees on top of the award.
No!
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 by NC_Tigah
Carolinas
Member since Sep 2003
124492 posts
Posted on 2/19/24 at 7:04 pm to
quote:

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