Comments on: Ford lost seven $20 million verdicts in 2005 https://www.overlawyered.com/2006/02/ford-lost-seven-20-million-verdicts-in-2005/ Chronicling the high cost of our legal system Mon, 20 Feb 2006 15:11:37 +0000 hourly 1 By: Deoxy https://www.overlawyered.com/2006/02/ford-lost-seven-20-million-verdicts-in-2005/comment-page-1/#comment-2252 Mon, 20 Feb 2006 15:11:37 +0000 http://overlawyered.com/wpblog/?p=3129#comment-2252 I mostly agree – there are “nuisance” claims that aren’t worth messing with simply because the value sought is so low. Basically, if it’s going to cost you less to pay the claim than to have your lawyer even LOOK at it (what’s the hourly charge from a corporate lawyer these days?), it’s probably better just to throw the money at it – there’s not enough money on the receiving end to make a big deal out of it, and it keeps lawyers (on both sides) from taking a cut.

But that’s about the only time, and even then, I would put together a system that tracked the receiving address of those checks, just to be sure that there weren’t a whole lot of people receiving them at the same address…

]]> By: Jim Collins https://www.overlawyered.com/2006/02/ford-lost-seven-20-million-verdicts-in-2005/comment-page-1/#comment-2251 Mon, 20 Feb 2006 09:33:35 +0000 http://overlawyered.com/wpblog/?p=3129#comment-2251 I think that the idea that Ford should settle because it is not cost effective to fight litigation is absurd. That is one of the causes of our present situation. How many insurance companies have settled lawsuits because they feel that it is cheaper to settle than to fight? In my opinion the only thing that this accomplishes is to make it cost effective for the lawyers who file the lawsuits.

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