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re: Tort reformers--welcome to your week of jury duty...
Posted on 5/18/20 at 9:01 am to udtiger
Posted on 5/18/20 at 9:01 am to udtiger
i'm about to go make a grocery run but i'll give my PI spiel
running a PI mill is super easy on the legal work and more about the office management (hence why E Eric got in trouble). doing complicated PI is much heavier on the legal work, especially in litigation, which is why most PI mills have a dedicated litigation firm they go joint with
PI has consolidated itself to the extremes due to the mega advertising. it's fricked itself so much that PI advertising is the clear-cut #1 keyword for Google ads/searches. i can only imagine how badly they've warped the billboard market
PI is a huge arbitrage opportunity for the effort. if PI attorneys had to bill a reasonable rate hourly, they would make exponentially less money. it's the golden goose. the problem is that the PI mills have killed the golden goose for everyone. small firms can't compete b/c the barrier to entry is so high and they've turned off the general population with their bullshite in and outside of casework.
so, PI deserves it b/c they obviously can't regulate themselves in any sort of internal way
running a PI mill is super easy on the legal work and more about the office management (hence why E Eric got in trouble). doing complicated PI is much heavier on the legal work, especially in litigation, which is why most PI mills have a dedicated litigation firm they go joint with
PI has consolidated itself to the extremes due to the mega advertising. it's fricked itself so much that PI advertising is the clear-cut #1 keyword for Google ads/searches. i can only imagine how badly they've warped the billboard market
PI is a huge arbitrage opportunity for the effort. if PI attorneys had to bill a reasonable rate hourly, they would make exponentially less money. it's the golden goose. the problem is that the PI mills have killed the golden goose for everyone. small firms can't compete b/c the barrier to entry is so high and they've turned off the general population with their bullshite in and outside of casework.
so, PI deserves it b/c they obviously can't regulate themselves in any sort of internal way
Posted on 5/18/20 at 9:02 am to SlowFlowPro
I love watching all the lawyers in here get bent out of shape.
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