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Uber is sitting on billions of dollars of VC money. I'm sure that there are some very high-powered law firms out there salivating at the chance to represent the
by ForHackernews 10y ago
Uber is sitting on billions of dollars of VC money. I'm sure that there are some very high-powered law firms out there salivating at the chance to represent these women in a class-action lawsuit.
Maybe the victims won't get as much recompense as they deserve (because so much of the judgement will go to attorneys), but I would not be so sure that Uber will have them outgunned in court. At the very least, it could teach Uber a lesson by putting an expensive crater in their VC runway.
- blacksqr 10y agoI'm afraid you have a poor idea of what makes high-powered law firms salivate. When they see someone sitting on a pile of billions of dollars, they don't think "how can I piss that person and all his friends off?" They think "how can become that person's best buddy?"
- mirimir 10y agoMaybe so. But it arguably depends on firm type.
- mirimir 10y agoCosts and expenses (including experts) are typically only a few percent of recoveries. Unless recovery ended up being much smaller than expected, anyway. Fees over 20% require substantive justification.[0] 0) http://www.maglaw.com/publications/articles/00392/_res/id=Attachments/index=0/Spiro%20Mogul%204.22.pdf http://www.maglaw.com/publications/articles/00392/_res/id=At...
- Op54256 10y ago$3 billion is from the Saudi sovereign fund..