- Joined
- Apr 24, 2010
- Messages
- 9,640
- Reaction score
- 3,591
- Location
- Seoul/Chicago
- Gender
- Male
- Political Leaning
- Independent
Although I consider myself no legal expert, I do feel that some of you don't know much about mass torts. I'm a fan of John Grisham and read many of his legal thrillers. One of them were called The King of Torts which I read.
Mass torts is a very expensive practice, but very lucrative part of the law. It's a very unethical practice in my opinion. The mass tort lawyers are few in number, but are very rich. Mass torts is in which the mass tort lawyer(s) first learns about a bad product. Asbestos, drugs, lead paint, etc..... Then, the mass tort lawyer(s) advertise like crazy to the general public about that product and tells them that if they consumed or bought the product, they should contact him/her (usually they have a hotline, website, etc...). They try to gather up as many as cases as possible and sometimes get several thousand. Then, they try to settle their cases to the companies which are frightened by them (companies never try to have a jury because of unpredictable verdicts). The individual only gets a few thousand, even if they are going to die because of that product. Normally, that case would be worth millions, but because of the sleazy mass tort lawyer(s), they only get a few thousand while the lawyer(s) get a few million because they take about 50% of the settlement. It's very lucrative, but very unethical.
What do you think?
Mass torts is a very expensive practice, but very lucrative part of the law. It's a very unethical practice in my opinion. The mass tort lawyers are few in number, but are very rich. Mass torts is in which the mass tort lawyer(s) first learns about a bad product. Asbestos, drugs, lead paint, etc..... Then, the mass tort lawyer(s) advertise like crazy to the general public about that product and tells them that if they consumed or bought the product, they should contact him/her (usually they have a hotline, website, etc...). They try to gather up as many as cases as possible and sometimes get several thousand. Then, they try to settle their cases to the companies which are frightened by them (companies never try to have a jury because of unpredictable verdicts). The individual only gets a few thousand, even if they are going to die because of that product. Normally, that case would be worth millions, but because of the sleazy mass tort lawyer(s), they only get a few thousand while the lawyer(s) get a few million because they take about 50% of the settlement. It's very lucrative, but very unethical.
What do you think?