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Come to think of it this way. If there is even a 10% chance that this is true and the settlement would be at least in the range of $200M to $1B (wild guess), an
by HardyLeung 16y ago
Come to think of it this way. If there is even a 10% chance that this is true and the settlement would be at least in the range of $200M to $1B (wild guess), and the lawyer's fee is 30%, that's an expected payoff of $60M to $300M. Nothing to sneeze at.
Even if they lose, think about it, DLA probably already have some spin about how they are just being "professional" about due diligence and doing the best they could for their client. No loss in reputation.
- freshfunk 16y agoI disagree. If these are proved to be fake, then DLA will have this reputation of being ambulance-chasers. It would definitely hurt their reputation. Plus, the legal costs of pursuing a case like this is likely to be extremely high. If the evidence is so weak to be thrown out even before it comes to court, then I don't think they would pursue it.