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  #41 (permalink)  
Old 01-23-2008, 02:10 PM
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..... If the buyer has a "Buyers Agent" representing him ,that agent has the legal obligation to the buyer ,the person whom he is representing. The sellers agent is representing the seller.They in turn "split the commission" not the ethical obligation!
The problem with this is that so many people have been doing business in such an "unethical manner" for so long that the perception is that deception is the right way... It's not!!
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Old 01-23-2008, 02:13 PM
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Back on the original subject and having been a Car dealer forever I would say that the value of any collector car or any car really is determined by what the buyer is prepared to pay!! Believe me I have tried to sell many cars for what I think they are worth only to find out that the buyer determined the worth in the end!!
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Old 01-23-2008, 02:25 PM
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patrickt

I'm hopeful your counsel has advised you to read things carefully, such as my post indicating the fact I was tweeking Evan a bit.

I guess one must be poor to have altruistic motivation in their line of work under your analysis. It's just damn tough to find a plumber willing to clear the pipes for free these days (or a hooker, for that matter). Doctors must not be as interested in saving a life if they are paid. I'm sure you must not take a nickel for your services, which allows you to have such purity of thought. I commend you for that.

The actual point being discussed had nothing to do with money earned...it had to do with a system in which there is little downfall in bringing suits which ultimately fail simply because a few might score or be bought off. Again, there's that old reading thing...a lost art it appears.

Somehow the law progressed through history and elsewhere on this planet before the American plaintiffs' bar developed the contingency fee and lobbied for insulation from having to pay when they fail to win...so goes the holy rationale for being unable to protect the downtrodden without those features.

In any event...you are entitled to your thoughts, such as they are.
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  #44 (permalink)  
Old 01-23-2008, 02:31 PM
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Actually Jamo's post is ridiculous as is his position. More hot air.

If you want a system that grants attorney's fees and costs to winner, thats fine. Write to your congressmen. But be careful what you ask for. You may get it.

We actually do some defense work also not just plaintiff's work. If you believe everything the insurance industry is telling you I can only laugh.

Big business and the insurance industry would LOVE nothing more then a loser pays system. Who do you think is really behind this idea? Since big business and the insurance industry are always looking out for the "little guy" you guys should jump on the band wagon immediately. Hell, you can trust them. Think about it before you jump into loser pays camp. Once you think it through you may understand its not the magic pill the insurance industry and big business say it is...at least not for you, them maybe, but not you.

Let Jamo explain to you guys the fact that many lawsuits have meritorious positions on both sides. "Meritorious" doesn't alway equate to victory. Next time one of you guys gets into an accident for example where liability is contested and you of course feel "you are in the right", and you have serious injuries or damages, voluteer to remove your case to a loser pays venue. Put your money where your mouth is. After all, you can always retain, Jamo, as he will rub the corksucking opposition attorney in the dirt for you.

Friviloius action statutes and Fed Rule 11 are designed to address aggregious abuses. Its not designed to punish weak cases or cases that lose.

As to the McDonalds coffee case, the initial verdict was reduced by the judge on a remittitur (let Jamo explain it to since he is the official CC legal begal) which is another safeguard against runaway verdicts. Moreover the reduce award was fair and just for numerous reasons. Maybe our asteemed defense attorney would like to fill you in on all the facts underlying the verdict and the two different natures of the award (compensatory and punitive). There more most don't know about that case then they do know but the insurance industry doesn't want you to know. This is their banner case they use to push tort reform each and everytime they try it claiming they are poor. The insurance indsutry really needs a break. They are really suffering financially.

Oh, and the contingincy fee is designed to help the downtrodden who otherwise would not have the money to maintain a meritourious cause of action agaist the poor little insurance company or "victimized" big business.

Hey, what do I know, you guys follow Jamo on this into the light!
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Last edited by REAL 1; 01-23-2008 at 02:45 PM..
  #45 (permalink)  
Old 01-23-2008, 07:57 PM
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LMFAO, Evan. You're the one who brought up Rule 11. You're a hood with a few rivets missing.

Plaintiffs' attorneys always refer to "big business" and "insurance companies" and never assplain that the vast majority of businesses who are most hurt by draconian lawsuits are small to medium sized businesses who can't even afford insurance premiums. The big guys have in-house counsel or can afford specialized and expensive firms to represent them...it's the small and medium sized businesses that are the backbone of our economy that can't. Check the rolls of your local chambers of commerce...that's the REAL picture of what constitutes a business in this country.

Evan says if you "want" a system which grants attorneys' fees to the winner, "write your congressman" as if we already don't have such a system. He fails to mention that most laws affecting businesses already have that built in, and that plaintiffs (and their attorneys of course) are awarded attorneys fees when they win, but defendants never collect attorneys fees when they win. Anything brought under Title VII (discrimination and harassment) or the FLSA (wage and hour) have attorneys fees awarded for palintiffs built in when such cases are brought by private plaintiffs attorneys rather than government attorneys. These two federal laws are the basis of the vast majority of class action lawsuits brought against businesses. Most states have similar laws...in California we have the Fair Employment and Housing Act and the wage and hour provisions of the Labor Code...again with built in attorneys fees awards for plaintiffs, not defendants.

Evan never seems to want to explain the truth...why be bothered.

A few years ago, the Trevor Law Group filed hundreds of lawsuits against small to medium sized businesses alleging violations of the Americans With Disabilities Act, alleging such things as mirrors not being low enough in restrooms for folks in wheelchairs (sometimes by less than a few inches). They would sue under class action status on behalf of all handicapped folks whether they were employees or customers of the businesses...or they would simply send threatening letters to the businesses...asking for several thousand dollars to end the suit or to not have it filed. Businesses paid because they couldn't afford to fight, and if they were found to be technically wrong by a few inches, they'd automatically have to pay the full attorneys' fees of the Trevor Firm. The plaintiff in each of these cases was a single handicapped person who would go into the business and use their bathroom...wouldn't even buy anything. He was paid by the firm.

Finally, the California Attorney General went after the firm, sued it and the lawyers were disbarred, but only after the firm made millions.

I handle class actions every single day (unlike Evan)...five in federal court as we speak, including one by Obama's firm in Chicago. All wage and hour cases where folks might expect a few hundred bucks each because the company had less than perfect payroll records to prove, for example, meals were taken (even though they were...but bad record keeping constitutes a separate violation regardless), while Obama's firm's attorneys seek to collect their fees at over $600 per hour. Big corporate busineeses? Nope, small family owned farms. We even have the firms that sued the tobacco companuies filing these suits now because they are such easy money, and they have nothing to lose. Many of the companies they sue shut down due to the awards, and the farmworkers lose their jobs...now they can't afford to buy lunch.

Tons of examples of this. Normally, the plaintiffs attorneys "join" the suit brought by government attorneys and do little work except attend the depositions taken by the government attorneys and the court proceeding...they sit back and collect their fees while the government attorneys do all the work.

Think you're immune? If you have a business, I'll bet you the same bet I do at seminars we conduct for free through trade organizations around the state...$100 says I can find violations of state and federal law in your payroll records...one single violation is sufficient for them to collect attorneys fees. I won't lose the bet...federal and state laws are in conflict, so if you comply with one, you'll violate the other. And the plaintiffs' attorneys know it, which is why they bring these suits by the hundreds every year.

Evan refers to mixed results as if it might forestall the award of attorneys' fees...complete and utter bullsh!t. In cases involving the award of attorneys fees, the judge is required to determine who "prevailed"...it is a matter of law, and the baby may not be cut in half. Can't believe he tried to BS that one.

Contingency fees do not require an award of fees...the attorney "owns" up to 40% of the plaintiff's case. Ethical? Have to wonder whether the plaintiff might have taken an offer to settle at a reasonable amount had the attorney not decided to roll the dice for the big payoff and end up losing. Sure, folks hear or read about the big damage awards, but the bold truth is that over 80% of the contingency fee cases taken to trial are successfully defensed...the plaintiff takes nothing, and the defendant cannot be awarded the fees it spent to defend the case. The plaintiffs' attorney simply goes on to the next case and either gets an insurance company to pay what is essentially black mail or they win the 1 out of 10 that provide them with 40% of the winnings.

America is the only industrialized nation on earth without a loser-pays system. All of Europe, the entire British Commonwealth, Japan, Russia, etc. have it.

Evan, as usual, you try to BS your way around the obvious point...it's the fact that someone could find an attorney to sue McDonalds for serving coffee hot. Or sue a school district for terminating a bus driver found to be legally blind. Or a thousand other assinine examples. It's not wrong at all to help the folks that need to have their rights protected...many government attorneys do it for their regular salary. But when you own part of the suit (via a contingency fee agreement) instead of being paid a reasonable rate for your service, whose interests are you protecting...your 40% must weigh heavily. and you never lose your bet when you bust 21.

Tort reform is opposed by only one group...plaintiffs' attorneys, one of the biggest contributors to the Democrats. And one wonders how John Edwards pays for those haircuts.

Obviously, just my opinion. The gods must be crazy.
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Last edited by Jamo; 01-23-2008 at 08:14 PM..
  #46 (permalink)  
Old 01-24-2008, 12:14 PM
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Reading this all again after we got All Cobra Talk makes me realize that about the only thing more boring than talking about attorneys is talking about real estate agents (from my perspective ), neither of which is on point to Tom's original question.

It's gotten way too off track (yes, I certainly had a hand in it), so let's move on to another thread somewhere of more interest. If this stays open, Evan and I will most certainly continue to cross swords whilst nothing of any value will come of it.

BTW, yes Tom, they are open to suit, because corksuckers like Evan are out there.
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