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re: Does anyone hope that the La. legislature will pass a "loser pays" law?

Posted on 2/14/17 at 5:17 pm to
Posted by LSURussian
Member since Feb 2005
127356 posts
Posted on 2/14/17 at 5:17 pm to
If an insurance company has the choice of 1) paying a fair compensation OR, 2) paying a fair compensation PLUS a portion of the other party's legal fees, which would they prefer?

Are you a lawyer? If so, that would explain many of your political leanings.
Posted by Lakeboy7
New Orleans
Member since Jul 2011
23965 posts
Posted on 2/14/17 at 5:26 pm to
I'm a lawyer and I've dealt with insurance companies for 16 years. How many years do you have dealing with them? werent you a banker?

Here is what you dont get, both sides of the bar, plaintiff and defense are oppossed to loser pays, it is not going to happen.
Posted by boosiebadazz
Member since Feb 2008
80584 posts
Posted on 2/14/17 at 6:08 pm to
quote:

LSURussian


quote:

If an insurance company has the choice of 1) paying a fair compensation OR, 2) paying a fair compensation PLUS a portion of the other party's legal fees, which would they prefer?


What is stopping an insurance company from making fair settlement offers now in an effort to avoid a lawyer getting involved?
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