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originally posted by: Bspiracy
Ok.. I've been quiet for a while but i have to ask your thoughts.
Typically from what I've been aclimated to is that lawyers get a huge chunk of whatever case is settled. Recently i've had a friends son involved in an accident and the lawyer received more than the son..
Skip to the Mandalay incident now for reference on CNN cnn mandalay 800 mil judgement
As i understand it thus far, lawyers approximately receive 20% of whatever is awarded to a plaintiff/s .. if so lets do the math.
4000 plaintiffs.. 800 mil = 200,000 per if awarded without lawyer fees
Now lets look at the 20% fee first from 800.000,000 = 160 mil
800 - 160 mil = 640mil
What's left is 640mil / 4000 people = 160thou per person
Soo.. a team of lawyers which probably = less than 10 receives 16mil a piece if distribution were =
Wtf.. even if the team was 20 or 30... The victims are being screwed.
160000000/10 = 16mil
/20 = 8mil
/30 = 5.3 mil