Re: Would Legal Insurance boost employment?
Posted by rrr on 8/19/06
I was never on it, but a friend of mine did some time as a Attorney for Hyatt. She never had anything good to say about it, and eventually quit doing it over a Will dispute. She had written a will and the client kept wanting revisions. She wanted a separate payment for eact revision, Hyatt wanted her to to do all the revisions for the same one Will price. I think her biggest complaints were 1) you don't get paid until after the work is done, 2) the clients expected Platinum Service for Tinfoil Prices. I did did take a look at the Fee Schedule, and it was truly minimal. I think that universal Legal Insurance would hurt lawyers (reduce the profitablity of going to law school), but benefit the paralegals (increase the need for trained paralegals), since I think the only way to do it cheaply enough is to use non-lawyer staff. The business of law is trending to that anyways. 1-2 Lawyers supervising a room full of paralegals churning paper. Thats what Legal Insurance would lead to. Is that good or bad for society? I don't know. I don't think it does much for those of us who invested in Law School.
Posts on this thread, including this one
- Would Legal Insurance boost employment?, 8/19/06, by Still Looking.
- Re: Would Legal Insurance boost employment?, 8/19/06, by Insurance Guru.
- Re: Would Legal Insurance boost employment?, 8/19/06, by rrr.
- Re: Would Legal Insurance boost employment?, 8/19/06, by Still Looking.
- Re: Would Legal Insurance boost employment?, 8/20/06, by rrr.
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