Friday, December 24, 2004

Another Reason Why People Settle.

In an earlier post on December 10th, we identified a reason why people settle as the “judicial facts of life”. In this article in the Bowling Green Daily News, this lawyer and his wife paid $150,000.00 to settle a lawsuit involving his “over” billing during a 14 year period. Was the settlement really motivated to avoid the cost of defense or was it the potential grand jury investigation or both or something else? By the way, the mediator received the settlement funds totaling $260,000.00 [the difference was paid by the lawyer's 2 former law firms] to deliver to the Plaintiff. Would you be comfortable as the mediator in accepting that role?

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