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Reply #34: Trial attorneys tend to support Democrats [View All]

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Gothmog Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-20-04 06:46 PM
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34. Trial attorneys tend to support Democrats
Repugs hate trial attorneys because most trial attorneys tend to support Democrats heavily and because the GOP is aligned with the interests of the companies who are sued by trial attorneys.

A good trial attorney can make a very good living but there is a great deal of risk involved. Every contingency case involves a great deal of risk as to both proving liability and then collecting from the defendant. My firm has a large judgment on a contingent fee case for securities fraud that we will not collect because the Fifth Cir. just invalidated the directors and officers insurance due to the "bad acts" of one of the defendants. This is horrible law but that is what happens when you have conservatives on the bench. My firm took a risk and we lost.

I have another set of clients who are being screwed by a new tort reform law in Texas that has cut their recovery greatly by retroactively changing the rate of prejudgment interest. This law was changed to hurt trial lawyers and their clients and it is just plain unfair.
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