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"can sue you" is a very very important detail here. As I understand it, in the UK, the losing party in a suit pays legal expenses on both sides, which discourag
by RRWagner 2y ago
"can sue you" is a very very important detail here. As I understand it, in the UK, the losing party in a suit pays legal expenses on both sides, which discourages "let's just shake them down" lawsuits. in the U.S. it's way too easy to get a contingency lawyer who knows anyone can sue someone else for anything and they'll have to settle for $$ just because it's cheaper than going to court to "win" against a weak complaint. I did some financial modeling on this years ago that gave a good prediction of when cases will settle in the U.S. tl;dr when the money given to the defense lawyer approaches the probable expectation of the loss you're trying to avoid.
- bluGill 2y agoThe downside of loser pays is coorts will sometimes find against you in an obvious case and so only the rich can dare risk court.
- arethuza 2y agoThe other major downside of loser pays is that it makes litigation very difficult to stop once it starts - and lawyers, funnily enough, will always say that you have an excellent case encouraging people to start litigation....
- SoftTalker 2y agoA good lawyer will not take a case that you are very likely to lose, and he will advise you that you have no case. I believe a judge can also admonish or censure a lawyer who brings a frivilous claim into court? Not sure how often that happens.
- anticensor 2y agoIn most implementations of loser pays, both parties pay upfront and then the winner gets refunded the fees.
- bluGill 2y agolast case I heard numbers on the lawers fees were $500000. This for a case where it was clear they would lose (3 different parties were sued and the nobody could figure out how to split the $100000 loss- that is one party spent 5x the total judgement)
- bigstrat2003 2y agoIn the "you pay your own cost" system of the US, only the rich can afford to bring a case as well. And we have the added downside that only the rich can afford to defend themselves. I would much rather have the loser pays system, even though it isn't perfect.
- bluGill 2y agoIn the us a lawyer will go to court on a you pay only if you win.