SIGforum.com Main Page The Lounge How do our attorneys feel about the cash-for-your-crash commercials from law firms
Main Page The Lounge How do our attorneys feel about the cash-for-your-crash commercials from law firmsGo | New | Find | Notify | Tools | Reply | |
| Peace through superior firepower  |
I make no bones about it- I think this is a disgusting practice. I especially love the one about Mesothelioma- "Hey, if you're terminally ill with lung cancer, let's see if we can get some money for you, from...someone...anyone." | ||
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Peripheral Visionary |
Reminds me of Morris Bart in New Orleans. He has billboards stretching from Orange, TX all the way to Florida now.   | |||
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| Member |
There is a fairly recent one for Cancer patients whose Dr's over prescribed their chemotherapy medications. Resulting in greater than anticipated hair loss. So let me understand this. Dr. Walks you through the illness to where you are stable and you don't have the same lustrous hair. You were involved in all your treatment. The logical next step is to lawyer up and make that bastard (bitch) pay for screwing up your hair. The lawyers pushing this have special place in hell reserved for them. | |||
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אַרְיֵה |
Billboards in my area show happy people holding a big giant check and saying "Dan got $460,000.00 <or some other ridiculous amount> for me." This for Dan Newlin, who claims to have been a Sheriff Deputy prior to his ambulance chasing law career. הרחפת שלי מלאה בצלופחים | |||
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safe & sound |
I restored a vault door for a guy who owns one of these firms. He sent his guy out to look things over before we crated it up and shipped it. I knew he was an attorney, and asked the guy he sent what area he practiced in. He said it was all contingency based personal injury and medical malpractice. I said that he must be pretty good at it to afford the toys like the one he had bought from me. The guy said the previous year the firm had won $600,000,000 in judgements/settlements. He pointed out that they wouldn't collect on all of that, but would get 33% to 50% of what they did collect. | |||
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Now in Florida |
I find it to be a rather distasteful part of the profession. It's a small part but also happens to be one of the more visible parts. Unfortunately, many of those guys are in the top .1% of earners among lawyers. The average profits per partner (the typical way of ranking large law firms) for the top white shoe law firms in the country is around between $3-5 million. Some of these personal injury attorneys are pulling in $10-$20 million per year. With big class action settlements, it can be multiples of that. That guy from Morgan & Morgan is damn near a billionaire. Those non-stop TV ads and billboards cost a ton of money. One PI attorney I knew in my town told me he spent over $3 million a year on commercials. I bet Morgan & Morgan spends 10 times that amount easily. | |||
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| Member |
I have a different take on it: Don't blame the Lawyers for "exhorbitant settlements", blame the juries who award them. And if the juries didn't award them, there would be no incentive to settle out of court. I was involved in a car accident when I was young, and the insurance adjusters definitely took advantage of my youth and naivete in the payoff. I was trying to be "reasonable". Their goal was to MINIMIZE the cost. Later, with me a lot older and wiser, my daughter was in a car accident, and so I advised here to immediately get a lawyer and do what they said; and it resulted in a very substantial settlement. Was it "fair" ? Yes. There are lots of costs and injuries that you don't even think about unless you have been through it a few times and know what the laws actually say. Most average people don't know those things. Like I say about it: "You don't even know what it is that you don't know." Lawyers specialize in knowing them. If it wasn't actually a law, and legitimate, you wouldn't get to use it as leverage in the negotiations. "Crom is strong! If I die, I have to go before him, and he will ask me, 'What is the riddle of steel?' If I don't know it, he will cast me out of Valhalla and laugh at me." | |||
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Age Quod Agis |
I don't like it at all. I think it's something of a scam; it's mostly insurance processing, which makes my costs of being an insurance purchaser go up. "Morgan and Morgan; For the People" is utter bullshit. Everything they do is for Morgan and Morgan, and they make a shit ton of money doing it. "I vowed to myself to fight against evil more completely and more wholeheartedly than I ever did before. . . . That’s the only way to pay back part of that vast debt, to live up to and try to fulfill that tremendous obligation." Alfred Hornik, Sunday, December 2, 1945 to his family, on his continuing duty to others for surviving WW II. | |||
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| That is my spot. |
I was pretty much gonna say this. Haha! And in the ORL area, Dan Newlin and Alex someone. Good lord the billboards say "Some attorney got me $$$$$ for my wreck." ***************** Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety. - Ben Franklin | |||
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| Muzzle flash aficionado  |
When I was growing up, lawyers were not permitted to advertise beyond a simple listing in the phone book--not even a display ad there. It was considered "unprofessional" (and I still think so). flashguy Texan by choice, not accident of birth | |||
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Rule #1: Use enough gun |
It's a numbers game. File enough lawsuits and X percent of them will pay off. Though it will probably never happen (since most state and federal legislators are lawyers), a LOSER PAYS law would likely eliminate a substantial chunk of frivolous lawsuits. When a strong man, fully armed, guards his own house, his possessions are undisturbed. Luke 11:21 "Every nation in every region now has a decision to make. Either you are with us, or you are with the terrorists." -- George W. Bush | |||
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Member |
My father had a saying that rings pretty true still today despite him being from a different era. Beware of anyone providing a service that has to advertise. Collecting dust. | |||
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| Big Stack |
I sat on a jury for a civil personal injury case. Juries are easy to manipulate. The case involved a construction accident. One person was killed. That wasn't the guy who's case we were adjudicating. There was no question of fault, just how much the guy award should be. Our guy had no visible injuries. He was claiming soft tissue damage and mental distress (from seeing the other guy killed.) I voted against giving him anything. The rest of the jury gave him seven figures (civil juries need not be unanimous)
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Member |
Class action law suit/litigation in Australia? We've got you covered with ... litigation funding. Leans more than your traditional private venture capital. BANKROLLING LITIGATION: THE STATUS OF LITIGATION FUNDING IN AUSTRALIA This writeup, by the firm Clayton Utz, looks at ethical considerations, classifications, models and framework. <snip> The proliferation of class action law suits in Australia has created a lucrative environment for litigation funders. Well-established firms are actively competing against new entrants in the market for opportunities to fund litigation. This growth echoes the expansion evident in other common law jurisdictions. The scale of these funding arrangement prompts a prudent examination of the ethical issues and regulations surrounding litigation funders. We are all born ignorant, but one must work hard to remain stupid." ~ Benjamin Franklin. "If anyone in this country doesn't minimise their tax, they want their head read, because as a government, you are not spending it that well, that we should be donating extra...: Kerry Packer SIGForum: the island of reality in an ocean of diarrhoea. | |||
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Info Guru |
The motto of one of the big firms around here is "Turn your wreck into a check". In fact, that's their web address as well: https://www.wreckintoacheck.com/ “Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence.” - John Adams | |||
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| Member |
[QUOTE]Originally posted by Crom: I have a different take on it: Don't blame the Lawyers for "exhorbitant settlements", blame the juries who award them. And if the juries didn't award them, there would be no incentive to settle out of court. I tend to agree with this as well. This is why it frustrates the devil out of me when I see threads on various sites of folks trying to avoid jury duty. If reasonable, sane individuals don't serve and keep things in check we get crazy awards. Also frustrates me that the general population can't seem to recognize the cause and effect of large settlements translating to increased insurance costs or higher fees to the general public from the provider class who just lost the case. Yeah, that freaking settlement money just grows on trees ya morans (sic) | |||
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| I believe in the principle of Due Process  |
The best advertisement is the work on your desk. The Greatest Lawyer Who Ever Lived Luckily, I have enough willpower to control the driving ambition that rages within me. When you had the votes, we did things your way. Now, we have the votes and you will be doing things our way. This lesson in political reality from Lyndon B. Johnson "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." - Justice Janice Rogers Brown | |||
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| Thank you Very little  |
JMO this is just a small part of the decision making process, it's the exorbitant costs associated with defending an accusation, ie threat of suit. The cost of defending yourself right or wrong is so high that making a payment to the extortionist is now normal, why litigate or spend time in defense when you can walk for $15K, 20K, so your carrier settles in these insurance scam cases. Yes they are scams IMHO, you should hear the latest from His Highness Sir Suenscrewum Morgan, about how a truck wrecked into his Mercedes and when he told the driver who he was the driver turned white. Theres the threat, do you know who I am, Juries have little if anything to do with the massive amount of money that is paid to lawyers in the majority of these cases. It's the threat of what they could do to you. Are there some valid cases? Sure, but the vast majority are fishing for dollars expeditions, you don't drop $10Million a year on billboards, radio and TV unless you can cover it... | |||
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| Member |
JALLEN thanks for the post. Great read. | |||
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SIGforum.com Main Page The Lounge How do our attorneys feel about the cash-for-your-crash commercials from law firms
Main Page The Lounge How do our attorneys feel about the cash-for-your-crash commercials from law firms© SIGforum 2024