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akheel akheel is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 41
Default Even a small boat can be involved in a big lawsuit....

Gene Kearns wrote in
:

You are missing one obvious possibility. The deep pockets may well
belong to the plaintiff. I'm sure the attorney won't care where the
money comes from..... as long as he gets paid.

Doesn't work that way. PI (personal injury) cases are always done a
contingency basis. Yes, you could do an hourly payment deal, but in 20
years of practice I've never seen that. The injured party goes to the
attorney (or the attorney chases the ambulance to the hospital), says
"I'm hurt, get me some money." Until a settlement offer comes, that's the
last input for the plaintiff ; the attorney invests in the case, and
decides how, when and who to sue. If the attorney can't find someone with
money to sue he wont get paid and he wont take the case. Now days, it not
too hard to find a deep pocket given the expansive liablity attitudes.