EHarmony Not only for Str-8 People

[snacky cake]

Another case that my colleagues didn't want to settle was against a nurse. She was crossing in the crosswalk. She had the right of way and was walking across. Other cars were stopped at the red light, but our genius client went barreling through and ran over her. She had stitches that looked like frankenstein all over her body. You should have seen the pictures of her in the hospital. I don't see how she lived. Well, she claimed that her career as a nurse was OVER because she could no longer lift anything. My dumb colleagues at the time wanted to take THAT case to a jury! Holy shit! I threw a fit to settle at the top of policy limits and be done with it. They eventually did just that.

 

[snacky cake]

Here's about $5,000+ worth of screws. They are roughly an inch long.

Jesus. Now that is a dishonest payday for some lawyers. No doubt.

People criticize me for what I do, but someone has to enforce mortgages or no one would give mortgages anymore. however, using the legal system to thwart free enterprise and line your own pockets. That is what is really wrong.

 

[goin on 4T]

I'm watching this happen in the spinal implant business as we speak. Pedicle screws -- basically a bone screw with a swiveling head -- sell for $1,200 to $4,600 each (you need four of them). It's very simple stuff, and there are a few major suppliers and 95 little guys out there. Well if you're going to sell something that generates $4,000-$10,000 per procedure in profit, you've got to keep the little guys out. So what they do is just file one lawsuit after another. It's working like a charm too. We only do trauma implants, so we're just spectators to this train wreck. But it's funny listening to people complain about health insurance costs when IP attorneys are helping jack-up the cost of some relatively simple metal screws to 100x or more of their fair market cost.

That is taken right out of the play book of Andy Grove the master mind that made Intel so great and took AMD out a the knees during the 90's; even though AMD actually had a superior processor. Back then his book was a good read!

 

[mrplunkey]

That is taken right out of the play book of Andy Grove the master mind that made Intel so great and took AMD out a the knees during the 90's; even though AMD actually had a superior processor. Back then his book was a good read!

Loser pays tort reform would fix a lot of that.

 

[goin on 4T]

Ah come on what fun would that be! The attornies that make up the laws would never allow such a thing! Not in an Obama world!

 

[mrplunkey]

Ah come on what fun would that be! The attornies that make up the laws would never allow such a thing! Not in an Obama world!

The legal industry would never go for it. It's too easy to say: "What about the little guy???". But if something like loser-pays tort reform was implemented, a secondary market for insuring cases would spring-up overnight. So a black-and-white case of discrimination or harassment might only need $100 to insure. But some ridiculous, far-fetched scheme to extort money from an employer may be uninsurable. That would be a quick way to discover the real legitimacy of a lawsuit.

 

[goin on 4T]

Our company just finished a lawsuit. We were getting sued by a guy who's company we bought that promised us up to $50m is sales in three years. LOL After 9 months and zero revenue we kicked him to the curb. So he suid us for like $3M. We counter sued, etc... Ended up giving him $25k to go away.

 

[mrplunkey]

Our company just finished a lawsuit. We were getting sued by a guy who's company we bought that promised us up to $50m is sales in three years. LOL After 9 months and zero revenue we kicked him to the curb. So he suid us for like $3M. We counter sued, etc... Ended up giving him $25k to go away.

Ahhh... the glorious milestone-driven earn-out company purchase plan.

Good stuff!

 

[Bikini Mod]

Lol @ bikinimom lecturing snackycakes on her ethical obligations to her clients.

LOL Not at all. Unfortunately I know WAY TOO MUCH about the law being a lay-person myself.

I was just wanting to clarify specifics for people who aren't lawyers and who don't have all the (unfortunate) experience that I have in many types of law: civil, family, criminal.

You know, when I was a kid up until just before I went to college I'd always wanted to either become a shrink or a lawyer. Knowing what I know now about myself, I would have been a damned FINE lawyer, but for the fact that I have morals. (No offense to snackycakes or stefka)

 

[Bikini Mod]

Loser pays tort reform would fix a lot of that.

Imagine that happening in the US. Perish the thought.