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    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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