Goose's Book Review II
"Helping the Lodge become more literate, one CD at a time"
(Having some picture issues so this post will remain text only)
Where is Tom Cruise? Its time for a new John Grisham movie and this might make a good one
THE KING OF TORTES
1st of all you need to know what a "Torte Law" is.
Torte Law is suing a large company from Negligence. Getting a large class action suit and forcing a settlement for several thousand dollars.
For Example.
The Lodge decides to sue Joe for being a Pompous Negligent Ass.
Goose is a Torte Lawyer.
Goose finds 10000 people who are willing to sue Joe (There are probably way more that would join the suit)
Goose arranges his fees at lets say 25% (Probably low...usually its between 30-40%)
Joe being a publicly traded company doesn't want the bad publicity of a trial and settles for $10k per person
Each person gets 10k
$10,000,000 million total
My 25% is 2.5 million and I never even have to go to court. (the plaintiffs take home 75%)
The more people in the suit, the bigger the payout.
Interesting way of doing law
Here is an interesting article using McDonalds Coffee as a Lawsuit
Summary from Amazon
Here's his most unusual legal thriller yet--a story whose hero and villain are the same, a young man with the tragic flaw of greed; a story whose suspense arises not from physical threat but moral turmoil, and one that launches a devastating assault on a group of the author's colleagues within the law. Mass tort lawyers are Grisham's target, the men (they're all men here, at least) who win billion-dollar class-action settlements from corporations selling bad products, then rake fantastic fees off the top, with far smaller payouts going to the people harmed by the products. Clay Carter is a burning-out lawyer at the Office of the Public Defender (OPD) in Washington, D.C., when he catches the case of a teen who, for no apparent reason, has gunned down an acquaintance. Clay is approached by a mysterious stranger, the enigmatic Max Pace, who says he represents a mega corporation whose bad drug caused the teen--and others--to kill. The corporation will pay Clay $10 million to settle with all the murder victims at $5 million per, if all is accomplished on the hush-hush; that way, the corporation avoids trial and possibly much higher jury awards. After briefly examining his conscience, Clay bites. He quits the OPD, sets up his own firm and settles the cases. In reward, Pace gives him a present--a mass tort case based on stolen evidence but worth tens of millions in fees. Clay lunges again, eventually winning over a hundred million in fees. He is crowned by the press the new King of Torts, with enough money to hobnob with the other, venal-hearted tort royalty, to buy a Porsche, a Georgetown townhouse and a private jet, but not enough to forget his heartache over the woman he loves, who dumped him as a loser right before his career took off. Clay's financial/legal hubris knows few bounds, and soon he's overextended, his future hanging on the results of one product liability trial.
Im currently in the middle of Dan Browns "Deception Point"
Happy Friday all.
(Having some picture issues so this post will remain text only)
Where is Tom Cruise? Its time for a new John Grisham movie and this might make a good one
THE KING OF TORTES
1st of all you need to know what a "Torte Law" is.
Torte Law is suing a large company from Negligence. Getting a large class action suit and forcing a settlement for several thousand dollars.
For Example.
The Lodge decides to sue Joe for being a Pompous Negligent Ass.
Goose is a Torte Lawyer.
Goose finds 10000 people who are willing to sue Joe (There are probably way more that would join the suit)
Goose arranges his fees at lets say 25% (Probably low...usually its between 30-40%)
Joe being a publicly traded company doesn't want the bad publicity of a trial and settles for $10k per person
Each person gets 10k
$10,000,000 million total
My 25% is 2.5 million and I never even have to go to court. (the plaintiffs take home 75%)
The more people in the suit, the bigger the payout.
Interesting way of doing law
Here is an interesting article using McDonalds Coffee as a Lawsuit
Summary from Amazon
Here's his most unusual legal thriller yet--a story whose hero and villain are the same, a young man with the tragic flaw of greed; a story whose suspense arises not from physical threat but moral turmoil, and one that launches a devastating assault on a group of the author's colleagues within the law. Mass tort lawyers are Grisham's target, the men (they're all men here, at least) who win billion-dollar class-action settlements from corporations selling bad products, then rake fantastic fees off the top, with far smaller payouts going to the people harmed by the products. Clay Carter is a burning-out lawyer at the Office of the Public Defender (OPD) in Washington, D.C., when he catches the case of a teen who, for no apparent reason, has gunned down an acquaintance. Clay is approached by a mysterious stranger, the enigmatic Max Pace, who says he represents a mega corporation whose bad drug caused the teen--and others--to kill. The corporation will pay Clay $10 million to settle with all the murder victims at $5 million per, if all is accomplished on the hush-hush; that way, the corporation avoids trial and possibly much higher jury awards. After briefly examining his conscience, Clay bites. He quits the OPD, sets up his own firm and settles the cases. In reward, Pace gives him a present--a mass tort case based on stolen evidence but worth tens of millions in fees. Clay lunges again, eventually winning over a hundred million in fees. He is crowned by the press the new King of Torts, with enough money to hobnob with the other, venal-hearted tort royalty, to buy a Porsche, a Georgetown townhouse and a private jet, but not enough to forget his heartache over the woman he loves, who dumped him as a loser right before his career took off. Clay's financial/legal hubris knows few bounds, and soon he's overextended, his future hanging on the results of one product liability trial.
Im currently in the middle of Dan Browns "Deception Point"
Happy Friday all.
posted by Goose at 8:14 AM
7 Comments:
I may be geeky about a lot of things, but John Grisham isn't one of them...
"Deception Point" is pretty entertaining though.
Nice stuff Goose. This book brings up very interesting topics. It is really disheartening to recognize how greed oriented our society has become, and we have the most lawyers in the world so we can cover our asses and pay each other off because we don't share individual responsibility or care in general. I don't know if its just Joe's fault or not, but it is a dehumanizing factor of our modern times.
When in doubt blame Joe
Law?...I am the Law!
Dan Brown is a terrible writer. Good story-teller. Bad, bad writer. For the record, I enjoyed both the Code as well as Angels & Demons -- but Brown's simpleton dialogue and descriptive skills as a writer are almost childlike.
Not sure I'd be interested in the King Of Torts movie. Sounds too much like the case/courtroom dramas I've seen done well with Erin Brockovich and others.
2.0, conspirator for Big Brother in hiding the truth within rhetoric to keep the cattle in check and raise corporate/private profits.
Wasn't there a horrible Tort movie with Travolta? something like Class Action? Horrible film.... Tort has never been as boring as Vinny B taking down the man.
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