Forum Discussion
mowermech
Oct 29, 2014Explorer
BUT, the lawyers for the plaintiff will only go through all that if they see deep pockets on the other side.
All that investigation costs a lot of money, and the lawyers are not going to front the expense unless they see a good ROI, preferably two fold or more.
The plaintiffs (the family members) are thinking of "justice". The lawyers who agree to represent them are thinking of profits (just like any other business). The lawyers wind up with hundreds of thousands or perhaps millions of dollars, the family(s) wind up with a few thousand (if they are lucky), and the knowledge that "Well, we taught HIM (THEM) a lesson!" They tend to forget (or not admit to themselves) that their successful lawsuit hurts their friends and neighbors, and, to a certain extent, themselves!
The lawyers win, and the insurance company(s) raise their rates to cover their losses. Insurance companies, like lawyers, always make a profit. ALWAYS!
All that investigation costs a lot of money, and the lawyers are not going to front the expense unless they see a good ROI, preferably two fold or more.
The plaintiffs (the family members) are thinking of "justice". The lawyers who agree to represent them are thinking of profits (just like any other business). The lawyers wind up with hundreds of thousands or perhaps millions of dollars, the family(s) wind up with a few thousand (if they are lucky), and the knowledge that "Well, we taught HIM (THEM) a lesson!" They tend to forget (or not admit to themselves) that their successful lawsuit hurts their friends and neighbors, and, to a certain extent, themselves!
The lawyers win, and the insurance company(s) raise their rates to cover their losses. Insurance companies, like lawyers, always make a profit. ALWAYS!
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