Jump to content
[[Template core/front/custom/_customHeader is throwing an error. This theme may be out of date. Run the support tool in the AdminCP to restore the default theme.]]

Trials Are Very Expensive


Beaumont
 Share

Recommended Posts

So, I am in the middle of what I would consider to be a small trial. 2.5 days for trial. 6 pre-trial depositions. Case has been pending for about 1.5 years. A simple car wreck more or less. Only one expert witness on my side (accident reconstructionist, i.e., engineer). I have tried to prep this case fairly economically. 2 lawyers at the trial for my side with no paralegals.

 

By the end of trial my side will have spent about $25k. I was surprised, as I would have thought we could have gotten here for $15k.

 

Regardless, thought I would share this. Its really hard to economically fight over less than $25,000 in today's world, as the legal fees and expenses quickly dwarf the amount in dispute.

 

My hourly rate is in line with most lawyers who do this sort of work -- they range from say $125-$200/hour in Texas.

Link to comment
Share on other sites

So, I am in the middle of what I would consider to be a small trial. 2.5 days for trial. 6 pre-trial depositions. Case has been pending for about 1.5 years. A simple car wreck more or less. Only one expert witness on my side (accident reconstructionist, i.e., engineer). I have tried to prep this case fairly economically. 2 lawyers at the trial for my side with no paralegals.

 

By the end of trial my side will have spent about $25k. I was surprised, as I would have thought we could have gotten here for $15k.

 

Regardless, thought I would share this. Its really hard to economically fight over less than $25,000 in today's world, as the legal fees and expenses quickly dwarf the amount in dispute.

 

My hourly rate is in line with most lawyers who do this sort of work -- they range from say $125-$200/hour in Texas.

That's really not that bad. It's at least 10 times that to litigate a significant case in the US Tax Court.

Link to comment
Share on other sites

well, the more money is at stake, the more both sides will spend on lawyers and such. if not much money is involved, you have small claims court and the like. anything involving significant personal injury the stakes are automatically high enough that both sides are likely to get adequate legal representation. I happen to think lawyers are PLENTY accessible in our society.

Link to comment
Share on other sites

anything involving significant personal injury the stakes are automatically high enough that both sides are likely to get adequate legal representation. I happen to think lawyers are PLENTY accessible in our society.

 

Lawyers are accessible, no doubt.

 

But as far as getting a decent lawyer to represent you in a personal injury case, I think that the key word is significant. In many circumstances, particularly in professional negligence cases, people who experience moderate or sometimes even serious injuries or losses have little chance to receive compensation.

 

Many plaintiff's medical malpractice lawyers that I know won't take a case unless they believe that it has a settlement value in excess of 200 or 250 thousand dollars.

 

Getting back to the costs of trials, I tell business clients in certain cases that they should expect a minimum of $25,000 (or more) in forensic accounting expert fees - more if we go to trial. Throw in attorneys fees and that $60,000 business loss becomes a lot more palatable.

 

I can't take any case of any substance to trial for under $25k in fees. (My rate is $325/hour) A moderately complicated case is going to cost you $50k just to get you to trial. I billed a client that I'm representing in a sexual abuse case $35k last month.

Link to comment
Share on other sites

I am very lucky. I am really good friends with our corporate lawyer for our group and get all sorts of free legal advice and assistance. When it came time for us to do up our wills and trusts for the kids he called his buddy and we got a fantastic deal. Both the wife and I had our wills drawn up and a special needs trust established for the kids for $600. I was surprised to see how thick the documents were, they will up a 3 ring binder with barely enough space to close it. Additionally, we get 1 free consultations and update to both the will & trust per year (not to exceed 5 hours worth of work).

 

The average quote we received from other attorneys was $1400 to $1800.

Link to comment
Share on other sites

Small claims court is easy, though. Most people simply become idiots when appearing before a judge.

 

My wife and I took someone to small claims court once, and she decimated them. Of course it helped that the guy started off his argument by saying, "Mr. Cre8tiff did an excellent and professional job." BOOOOM :tup:

 

On a side note my wife's cousin is a lawyer and in recently in trial he got to say what every lawyer wants to say to an opposing witness; "So, are you lying now or in your previous testimony?" :wacko:

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information