2 ms·
The total cost for the plaintiff is the $631,100 listed in the article, plus their own legal fees. Obviously the owners of the company are lawyers, so that scre
by krschultz 15y ago
The total cost for the plaintiff is the $631,100 listed in the article, plus their own legal fees. Obviously the owners of the company are lawyers, so that screws up the numbers a little, but let's say their own legal fees were $370,000. That is really only 2 or 3 lawyer salaries for a year so it is probably a safe bet.
They might be making a decent cash flow off previous settlements, but a million dollars is still significant. The article made it sound like their previous settlements are in the low 5 figures. If you are making $50k per settlement, and spending $1 million per court case, it only takes 1 in 20 actually calling your bluff to make it a losing proposition.