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The information on Groklaw is not intended to constitute legal advice. While Mark is a lawyer and he has asked other lawyers and law students to contribute articles, all of these articles are offered to help educate, not to provide specific legal advice. They are not your lawyers.

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Taking the finacial risk | 273 comments | Create New Account
Comments belong to whoever posts them. Please notify us of inappropriate comments.
Reminds me of Donald Trump....
Authored by: Anonymous on Friday, June 15 2012 @ 04:41 PM EDT
when a person doesn't have the decency or sense to keep one's mouth shut.

[ Reply to This | Parent | # ]

Not really his money anyway
Authored by: Anonymous on Friday, June 15 2012 @ 05:04 PM EDT
SCO paid BSF somewhere around $40 million up front to see this through to the
end. Law firms typically do not call anything profit until the case is
completely over, so they undoubtedly have what's remaining of the $40 million in
an escrow account earning interest. Even though their billings might show the
$40 million long gone, you don't think that they really pay their associate
lawyers $300.00/hour do you? Or their paralegals $15.00/hour? or whatever amount
they were billing for them, nor does it cost them whatever they are billing for
"copying charges" to actually copy a piece of paper in these days of
$150.00 all-in-one laser printer/copier/fax devices, plus all of the other
markups lawyers put into their billing. They've probably got a good portion of
that $40 million in that escrow account, and they can't count it as profit, so
it won't show up in their bonus checks, until the case is completely over.

[ Reply to This | Parent | # ]

A couple things about Boies
Authored by: Anonymous on Friday, June 15 2012 @ 07:20 PM EDT
Boies has no problem footing the bill for lawsuits out of his own pocket. One only need review the gardner lawsuit to see that.

But that was personal, in a "you don't want to mess with me, I can make your life a living heck" kind of way, against a weaker adversary.

[ Reply to This | Parent | # ]

Taking the finacial risk
Authored by: Anonymous on Friday, June 15 2012 @ 09:23 PM EDT
Footing the bills involves taking financial risk. This piece is about him being willing to do that.

[ Reply to This | Parent | # ]

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