4 ms·
Today, the poor side must bear (or float) the cost of their lawyer, but the rich side has unbounded ability to fight it. Under a pooled system, you could ante
by jdashg 6y ago
Today, the poor side must bear (or float) the cost of their lawyer, but the rich side has unbounded ability to fight it.
Under a pooled system, you could ante in 10k and if the opposition needs more money to defend themselves than 5k, they have to give you monetary ammunition as well! This prevents being nuked into settlement by being outspent, despite an otherwise sound claim. (Which definitely happens right now)