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re: Does anyone hope that the La. legislature will pass a "loser pays" law?
Posted on 2/14/17 at 4:14 pm to SlowFlowPro
Posted on 2/14/17 at 4:14 pm to SlowFlowPro
Read the OP again. The Alaskan "loser pays" law shifts part of the winning side's attorney's fees to the loser, not all of the fees. So the plaintiff and the defendant will have a financial incentive to get the fees agreed upon up front and both sides will have a risk if they lose.
No longer will the Morris Barts of the world tell potential clients there is no attorneys costs to them unless they win.
No longer will the Morris Barts of the world tell potential clients there is no attorneys costs to them unless they win.
2
Posted on 2/14/17 at 4:15 pm to LSURussian
You are still just handing the plaintiff's bar another chip to use in negotiations to settle.
Posted on 2/14/17 at 4:19 pm to LSURussian
quote:
The Alaskan "loser pays" law shifts part of the winning side's attorney's fees to the loser, not all of the fees.
ok so it's not a complete freeroll but it's still very +EV
quote:
So the plaintiff and the defendant will have a financial incentive to get the fees agreed upon up front and both sides will have a risk if they lose.
but with clear liability, one side already knows it's going to lose. i hope you agree with that part
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