https://www.overlawyered.com/2013/11/new-age-litigation-finance/ Chronicling the high cost of our legal system Tue, 19 Nov 2013 21:58:42 +0000 hourly 1 https://www.overlawyered.com/2013/11/new-age-litigation-finance/comment-page-1/#comment-250888 Tue, 19 Nov 2013 21:58:42 +0000 http://overlawyered.com/?p=42596#comment-250888 mike, do you want to be the one to tell him about the compulsory process aspect?

]]> https://www.overlawyered.com/2013/11/new-age-litigation-finance/comment-page-1/#comment-250886 Tue, 19 Nov 2013 21:52:34 +0000 http://overlawyered.com/?p=42596#comment-250886 The legal system is not a market? Really? One party pays another services. The other party is paid for rendering service. The price of services are determined by supply and demand. It is a market.

]]> https://www.overlawyered.com/2013/11/new-age-litigation-finance/comment-page-1/#comment-250806 Tue, 19 Nov 2013 14:42:12 +0000 http://overlawyered.com/?p=42596#comment-250806 The legal system is not a “market.” If it is treated as such, expect a huge mess, especially in matrimonial practice. The present system is traumatic enough to parents and children.

]]> https://www.overlawyered.com/2013/11/new-age-litigation-finance/comment-page-1/#comment-250804 Tue, 19 Nov 2013 14:21:47 +0000 http://overlawyered.com/?p=42596#comment-250804 Ah. We can have a free market in everything but lawsuits? We need a system where: 1) wrongdoers are made to disgorge ill-gotten gains; 2) those injured by wrongdoers are paid in full; and 3) lawyers (on both sides) get less. I do not know which is more disheartening, a lawyer who makes $1,000,000 when his client gets $3,000,000 in damages or a lawyer who makes $200,000 defending the wrongdoer where the damages are really $3,500,000.

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