3 ms·
I have no idea about lavabit's financials but maybe they were not making enough money from the paid accounts. I am assuming a lawyer on retainer would be very e
by sumedh 12y ago
I have no idea about lavabit's financials but maybe they were not making enough money from the paid accounts. I am assuming a lawyer on retainer would be very expensive.
- pan69 12y agoSo that's what freedom an liberty essentially is; expensive.
- trvz 12y agoIt made less than 100k USD yearly revenue, paying Levison and a supporter.
- endeavor 12y agoThat's unfortunate but it's also a bit like saying, "it made less than 100k USD yearly revenue, they couldn't afford backing up their data." Yeah both a hard-disk crashing and a legal attack are rare, but in their business they need to expect that it will happen sooner or later.
- jarrett 12y agoLet's say your attorney charges $250/hour, and you expect to need up to 40 hours of work on short notice. That's 40 * $250 = $10,000. If the business ran into legal trouble and had to use up the 40 hours, it wouldn't automatically result in the attorney cutting off services. Most likely, if the attorney thought the business was solvent, s/he would continue working, and would invoice the business for anything above the $10,000.