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#1
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The first, an April 15th classic;
http://www.macnelly.com/editorial_im...-1040form.html The second, a question. Say a kid gets killed and a settlement is reached in a wrongful death lawsuit, who gets more money, the father of the kid or the lawyers ? http://tinyurl.com/3y22y -- Ken Fortenberry |
#2
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Ken Fortenberry wrote in message ...
The first, an April 15th classic; http://www.macnelly.com/editorial_im...-1040form.html The second, a question. Say a kid gets killed and a settlement is reached in a wrongful death lawsuit, who gets more money, the father of the kid or the lawyers ? My view is that the family gets ALL the money, then they pay the lawyers for their services. If you view the lawyers as taking 'some of the settlement', you might as well begrudge anyone who gets paid at any time from that money: the barber, mechanic, the mortgage holder... --riverman |
#3
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![]() Ken Fortenberry wrote: The first, an April 15th classic; http://www.macnelly.com/editorial_im...-1040form.html funny The second, a question. Say a kid gets killed and a settlement is reached in a wrongful death lawsuit, who gets more money, the father of the kid or the lawyers ? easy answer in nc... the father. but here's one for you. case is in north carolina. father makes the decision to employ lawyer on the typical contingency fee contract - 33% of recovery, plus reimbursement of costs. say it's a difficult case. say it goes to trial. lawyer has advanced costs in excess of $50,000 for appropriate experts, depositions, investigation, etc..., and spent more than 1000 hours of professional and office staff time in preparing for trial and in the trial of the case... and, say, the verdict in North Carolina is that the defendant was negligent, but that the boy (over 12) was 10% at fault in causing the event and his death, so the jury says the boy is contributorily negligent. so, there is no recovery at all in north carolina. so...since you were talking shares of money, who do you think absorbs the 50k and the 1000 hours of work? jeff http://tinyurl.com/3y22y |
#5
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Jeff wrote:
Ken Fortenberry wrote: The second, a question. Say a kid gets killed and a settlement is reached in a wrongful death lawsuit, who gets more money, the father of the kid or the lawyers ? easy answer in nc... the father. The Ohio case in question was settled out of court, why would an out of court settlement in North Carolina necessarily be any different ? but here's one for you. case is in north carolina. father makes the decision to employ lawyer on the typical contingency fee contract - 33% of recovery, plus reimbursement of costs. lawyer lost the case snipped so...since you were talking shares of money, who do you think absorbs the 50k and the 1000 hours of work? Yeah, poor thing, the lawyer rolled the dice and lost, I don't have a problem with that. ;-) What frosts my shorts is when this is portrayed as some sort of "public service" instead of being portrayed for what it is, a failed money-grab by institutionalized scum. -- Ken Fortenberry |
#6
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Jeff M notes:
who do you think absorbs the 50k and the 1000 hours of work? yup, people tend to overlook that detail and also the fact that when you need one, a lawyer can be the only useful professional to turn to. Odd how people don't look askance at other specialized professionals in the same light. Tom |
#7
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![]() BJ Conner wrote: The barber, the mechanic, the mortgage holder etc. all have a price and you know what it is going in the door. The lawyer is the one that says " how much have you got? " ....without equivocation bj, you're simply full of ****. your gross generalizations continue to astound me... but, i guess every toad is entitled to croak the song that defines its nature... jeff |
#8
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![]() Tom Littleton wrote: Jeff M notes: who do you think absorbs the 50k and the 1000 hours of work? yup, people tend to overlook that detail and also the fact that when you need one, a lawyer can be the only useful professional to turn to. Odd how people don't look askance at other specialized professionals in the same light. Tom you know tom, there is no doubt some lawyers are ****s and deserve criticism for their conduct. it's the lemming-like generalizations that **** me off. if anyone wants to say a specific lawyer is a thief or charges too much or is an idiot, fine. state the name, let's get the facts, and maybe i'll agree. i might even know the person named. same with doctors, dentists, barbers, engineers, biologists, newspaper reporters, politicians, bankers, programmers, electricians, college profs, trout guides, lab scientists, mayors, generals, mechanics, architects, hooters waitresses... if there is a particular professional practice that offends someone's sense of right, ok, name it. you might be surprised at how many lawyers might agree... but to make crass general statements about all lawyers, or to make assumptions about a particular lawyer based on those generalizations, particularly in this venue, is simply a sign of a weak mind. ... jeff |
#9
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Jeff Miller wrote:
Tom Littleton wrote: yup, people tend to overlook that detail and also the fact that when you need one, a lawyer can be the only useful professional to turn to. ... That's one of the stupider sentences ever posted here. When I need someone to suck the **** out of my septic tank there ain't but one useful professional I can turn to. What's your point ? you know tom, there is no doubt some lawyers are ****s and deserve criticism for their conduct. ... Funny how a remarkable newspaper blurb posted here causes a lawyer to publicly defend his profession. If someone posted a tirade against computer weenies or freelance writers I would not feel compelled to defend them or accuse divorce lawyers of having weak minds. -- Ken Fortenberry |
#10
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![]() Ken Fortenberry wrote: The Ohio case in question was settled out of court, why would an out of court settlement in North Carolina necessarily be any different ? i have little knowledge of ohio practices. when i tried to access your chicago trib site, it required a registration of some sort, so i bailed. i assumed it reported a bizarre chicago circumstance. i have no ****ing clue what might happen in that place - but i wouldn't be surprised. anyway, i never read whatever it was that piqued your uniquely thin, but interesting, skin. given my admitted stupidity and cluelessness, i thought i'd stick with what i know...and, since your question was posed in a non-specific form, i gave the answer i knew. out-of-court settlements - if you mean a settlement negotiated without any formal legal process being instituted - typically involve a 25% contingency fee. many settlements are negotiated on the "eve" of trial. they aren't really "out of court", and occur only after substantial work, trial readiness, and the threat of a jury's assessment of the case. in my little backwater, there is one lawyer advertising a 10% contingency fee. i wouldn't employ him, but he's there, available to anyone who wants to engage him. many of us (in nc) accept cases on a contingency basis in which we agree to charge a 33% contingency only on the sum recovered above that which some insurance company has offered the client before we were employed. go get your best deal from the insurance industry, take it if you believe it fair; if it's not perceived as fair, hire the lawyer, who only earns an income on what he/she got for you that you wouldn't/couldn't have gotten for yourself. Yeah, poor thing, the lawyer rolled the dice and lost, I don't have a problem with that. ;-) What frosts my shorts is when this is portrayed as some sort of "public service" instead of being portrayed for what it is, a failed money-grab by institutionalized scum. this response betrays a superficial, visceral process at work. i don't think my reply portrayed anything as a "public service". it sure didn't meet your description. i thought we were talking money. you seemed ****ed because you don't like lawyers in general (and individually), don't like the contingency fee system of employing lawyers in particular, and find it unreasonable that someone voluntarily decides to employ a lawyer on terms that entitle the lawyer to collect a sizeable sum as a fee if a substantial recovery is actually obtained. there are legitimate arguments/complaints about the contingency fee system. so far, your invective in our little conversation is without substance. responsible lawyers in this and every other state use written employment agreements which describe the fees and the services. they are contracts like any other, except easier to read and understand. each party can decline the terms, accept the terms, or negotiate the terms. ...no one is coerced. you can enter into an hourly rate services contract instead of a contingency fee contract if you wish. plus, every injured person is free to negotiate an acceptable settlement with the insurance company or the adversary without employing a lawyer. "money-grab", "institutionalized scum"... not particularly insightful or instructive or persuasive... but cute. jeff |
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