2 ms·
That is just one customer, and also it is not just lawyers, Contingent liabilities(potential amount for settlement) when it escalates from possible to probable,
by manquer 2y ago
That is just one customer, and also it is not just lawyers, Contingent liabilities(potential amount for settlement) when it escalates from possible to probable, in GAAP that means it changes from mere footnote to a line item in P&L which needs to be financed and managed and affecting their margins well before the actual settlement is decided.
- baq 2y agoLooks to me the market priced this in.