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Started By
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re: How many Lawyers in Lake Charles or Lafayette would you say pull in $1,000,000+ a year?
Posted on 6/1/24 at 8:40 pm to Mr Clean
Posted on 6/1/24 at 8:40 pm to Mr Clean
quote:
My bill for back surgery was over 100,000.
I don't remember how it all broke down.
The total bill on a CAB* will top $200k but the surgeon sees a tiny fraction of that. My wife does 10-12 procedures a week if she averaged realizing $10k a procedure that would be over $5 million a year... she "only" makes about 15% of that which includes all the other billing besides procedures.
*coronary artery bypass graft sometimes called a CABG or cabbage.
0
Posted on 6/1/24 at 8:44 pm to soccerfüt
quote:
Over/Under is set at 3.5
Over by far.
Posted on 6/1/24 at 8:50 pm to Mr Clean
quote:
I “clerked” for Baggett McCall & Burgess & did zero work ever.
This would be my guess. Their Advertising would specify that they only wanted serious/catastrophic cases. Pass on the “easy” car wreck settlements, but make big money on workers injured who sue the employees (large plants/refineries).
Posted on 6/1/24 at 9:10 pm to BlueStar
Simien & Miniex in Lafayette have to be pulling in some serious bank. Simien has a house in river ranch right off camellia that had to be at least $5mm. He also drives a Maserati
Posted on 6/1/24 at 9:18 pm to EyeOfTheTiger311
quote:
a house in river ranch right off camellia that had to be at least $5mm.
Without acreage or on a lake/river? Five million dollar house in a subdivision? Doesn’t seem believable.
Posted on 6/1/24 at 9:35 pm to Ric Flair
He means literally 15 feet off Camellia. I’ll leave the valuation to everyone else.
This post was edited on 6/1/24 at 9:48 pm
Posted on 6/1/24 at 9:41 pm to EyeOfTheTiger311
that house is fricking hideous. squeezed between camelia and an apartment complex
Posted on 6/2/24 at 4:18 pm to boosiebadazz
quote:
Gordon the firm is probably taking 33-40% as the fee and the individual lawyer is making 15-25% of that number as their individual compensation.
There are high level guys who are actual litigation attorneys at Gordon who can negotiate their take home up to 33-50 percent of that fee.
There’s also a hierarchy that some guys get the first pick of cases that come in in a geographic area.
There are lieutenants at Gordon who regularly clear $1-3 million a year. Sometimes even more.
They have a guy name Brian Colomb who was a partner at Domengeaux Wright and he now works with Gordon Mckernan. So this all makes sense.
Posted on 6/2/24 at 4:32 pm to BlueStar
Brian Caubarreaux has an office in Lafayette now, I’d be shocked if he doesn’t pull in 1MM+/yr.
Posted on 6/2/24 at 4:44 pm to Czechessential
quote:
he left Duey, Cheatham, and Howe?
Yep. The added a new partner, Steal.
Posted on 6/2/24 at 8:22 pm to BlueStar
I hear EF Hunters name quite a bit.
Posted on 6/2/24 at 9:36 pm to jflsufan
Jim Roy and a couple of partners for sure are over that number
Posted on 6/2/24 at 10:41 pm to boosiebadazz
quote:
There are high level guys who are actual litigation attorneys at Gordon who can negotiate their take home up to 33-50 percent of that fee.
Herein lies the problem- what other industry or job allow such outrageous fees. Name an another profession where the fees are this high. Why would a person maimed for life in an auto accident agree to allow any lawyer to take up to 50 % of his settlement. It’s immoral, full of avarice and just an upside down way of compensation.
The way to lower insurance rates in this state is to cap lawyer fees at 15-20%. Just way too many payouts to get the lawyers money on a little fender bender.
And, how about class action lawsuits, 50000 folks get $30 bucks, but the law firm gets $150M. Poor man’s poker.
This post was edited on 6/2/24 at 10:47 pm
Posted on 6/2/24 at 10:49 pm to BlueStar
Not as many as you'd think. PI workers who grind it out do really well. Some (although not all play the extort insurance companies game) which is sadly the get rich scheme in LA since the state has ran all the higher level corporations and clients to other states for various business and tax law stuff (don't get me wrong insurance companies are part of the problem and there are legitimate cases where serious injuries warrant big suits). I do know of a non PI lawyer not on his own in north LA who pulls over that but he was/is a super well respected and sought after Houston/Dallas attorney prior to coming back to LA.
I know of a few trust and estate planning attorneys who probably shouldn't be doing that work are gonna be in for a surprise when the sunset hits.
ETA: to the post above, don't forget about PI attorneys loaning money to contingency clients at arguably high interest rates which will ultimately come out of any settlement.
I know of a few trust and estate planning attorneys who probably shouldn't be doing that work are gonna be in for a surprise when the sunset hits.
ETA: to the post above, don't forget about PI attorneys loaning money to contingency clients at arguably high interest rates which will ultimately come out of any settlement.
This post was edited on 6/2/24 at 10:52 pm
Posted on 6/2/24 at 10:52 pm to boosiebadazz
He owns that ugly long monstrosity on Camellia?
This post was edited on 6/2/24 at 10:53 pm
Posted on 6/3/24 at 8:06 am to BlueStar
Not sure who the big criminal defense attorney is those areas, but if they are doing big Federal criminal cases, that attorney could potentially hit $1 million... likely pre-tax and pre-overhead.
Posted on 6/3/24 at 8:18 am to HandMeMyWrench
Used to work at Morris Bart. They hire a lot of young lawyers at around 70k and work them to death. Then there's several auditors that just sit around and look through their software at the case files and notes for mistakes. They do have a million dollar club dinner for all the lawyers that bring in a million in settlements in a year. If you stay long enough and move up you can make 200+, but most people move on before that point.
The firm would spend 15k a week just on FedEx to sign up old folks that couldn't figure out DocuSign
. And their marketing budget 5 years ago was 40 million+...
The firm would spend 15k a week just on FedEx to sign up old folks that couldn't figure out DocuSign
. And their marketing budget 5 years ago was 40 million+...
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