The total cost for the plaintiff is the $631,100 listed in the article, plus their own legal fees. Obviously the owners of the company are lawyers, so that screws up the numbers a little, but let's say their own legal fees were $370,000. That is really only 2 or 3 lawyer salaries for a year so it is probably a safe bet.
They might be making a decent cash flow off previous settlements, but a million dollars is still significant. The article made it sound like their previous settlements are in the low 5 figures. If you are making $50k per settlement, and spending $1 million per court case, it only takes 1 in 20 actually calling your bluff to make it a losing proposition.
They might be making a decent cash flow off previous settlements, but a million dollars is still significant. The article made it sound like their previous settlements are in the low 5 figures. If you are making $50k per settlement, and spending $1 million per court case, it only takes 1 in 20 actually calling your bluff to make it a losing proposition.