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re: Meat's latest concert

Posted by:
pidunk 02:08 am UTC 05/17/07
In reply to: re: Meat's latest concert - tealcyfre 01:43 am UTC 05/17/07



> With respect, pi, it's highly improbable an attorney would
> take such a case on a contingency basis.

There are indeed attorneys who will bill out their 300+ per hour fees in advance and ongoing, on a case which has a questionable merit in court, and in those cases, I generally think that they convey to the client that it is a questionable case. Another possibility is if they are just collecting fees and using a weak case to justify it, because they need to support themselves. I tend to think that if the attorneys felt that if there was a good chance of deriving a large and quick settlement, that they could have taken the expenses on their own accord in anticipation of their 40%. If they had to go to trial, I question that the case would have gone as far as trial, but if it had, would Meat had paid 300+ per hour, to bring it there or were the attorneys willing to sponsor it? Contingency, being attorney sponsorship of a case, is one of those areas where attorneys place their bets. 40% of 50mil is a big carrot.








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