The other game the media likes to play is with the costs at trial. They assume if the Plaintiff only gets 55%, then the lawyer got 45%. But there were costs, and since these costs were advanced by the lawyer they try to imply that was compensation.
$33,333 for the 33.33% lawyer fee.
Approx $15,000 in costs (Expert witnesses, studies, reports, research fees, and many others too numerous too count).
Client gets remainder, $51,667. Somehow this is the attorney charging 48.33%, which is just flat out false.
And as Bronco pointed out, how many of you can work 300-500 hours for free? I am sure most lawyers would be plenty happy just getting their hourly rate for trial-but the contingency fee is for the client's benefit. They can have their issue litigated and the lawyer takes the financial risk. And with risk comes reward. How may of or able or even willing to work like that? Where you do not get paid if you do not win?
There are 10 types of people in this world, those who undertsand binary, and those who do not.
Scoring disabled. You must be logged in to score posts.