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Why is it expensive to go to court in the United States?
?Because lawyers are expensive, labor is expensive, time is expensive, additional costs are expensive, and the litigation process is expensive. When these things add up, it becomes an expensive lawsuit that ordinary people cannot afford.
In the Simpson murder case, in order to get rid of the crime, Simpson, the star player of Major League Baseball, hired the top barristers in the United States to appear in court for a price of 50,000 US dollars a day, and finally won the acquittal.
In the whole case, it took 15 months from Simpson's arrest to his release.
In order to get rid of the crime, Simpson spent more than 24 million US dollars in legal fees alone, which does not include other huge expenses.
All together, the entire cost will exceed 40 million US dollars.
In the rights protection case of small and medium-sized shareholders of Atlantic Corporation, the Vulture Lawyers Group does not need to pay additional legal fees for the time being. They are practicing lawyers themselves, but other expenses are indispensable.
This includes the case acceptance fee of 500,000 US dollars, and the court still owes 5.5 million US dollars in acceptance fees, so let's put this aside for the time being.
The case is under investigation;
Because of the accusation that the major shareholder of Atlantic Business Machines used related transactions to transfer profits, and the other party was Changjiang Technology Group in China, the investigation and collection of relevant evidence required going to China.
Every time a team of more than 20 people travels thousands of miles, food, clothing, expenses, and transoceanic travel expenses, the high expenditure of court investigators is unbearable.
Once, twice, three times
? Like squeezing toothpaste, the other party's lawyers constantly produced new evidence to refute. The vulture lawyers could only passively deal with it again and again, and then went to China again and again
In tears!
Every time new evidence is presented to the judge, witnesses are required to testify in court, and it takes a long time to fight with the dream lawyer team of Atlantic Company.
Witnesses who take the time to come to New York also need to be paid.
Shenma was reimbursed for lost wages, travel expenses, accommodation expenses, transportation expenses, and even sightseeing expenses. If the witnesses who appeared in court were not satisfied, who knows what nonsense he will say?
One day, the other party's legal team raised questions, supplemented evidence, and re-invited witnesses to come to New York.
After coming down again and again, people will collapse.
?For highly professional legal problems, it is also necessary to consult a legal authority with high fees to prevent missteps from falling into the trap of the other party.
?For the large amount of file data collected, the vulture lawyers have to spend money to ask people to sort out the case files that meet the specifications.
As for whether the judge will read it?
That's not something vulture lawyers should worry about. The banknotes flowed out with a "crash", and they didn't know when it would end.
?Everything requires cost. Millions of dollars are spent in such a "crash" that you can't even hear it when you throw it in the water.
As the lawsuit drags on, the money has to continue to be spent, and once it starts, it can't stop.
Otherwise
If you don¡¯t appear in court to respond to the lawsuit, don¡¯t prepare sufficient relevant files, attend court to accept witnesses for questioning, and related matters involved in the case, it is easy for the judge to contempt the responsibility of the court. If you fail to do so, you may have to revoke your qualifications as a practicing lawyer and directly ruin your career as a lawyer. , the consequences are too serious.
All of this costs money.
Can I revoke or refuse to perform the legal entrustment?
In the United States, this behavior is an extremely serious breach of contract.
That consequence is even more serious. A lawyer¡¯s appointment contract is a formal contract with legal significance. If it is not fulfilled, it is easy to get a lawsuit, and the accused will bite back.
?Not only is the legal profession intolerable, but it also tarnishes the image and reputation of lawyers. Lawyers associations and courts will investigate, punish and punish according to law, and impose strict penalties.
The direct consequence is to lose money, lose people and lose the future. It would be trivial to revoke the lawyer's license, and the reputation must be rotten on the street, and they might even go to jail.
Therefore, it is not easy to get off once you get in the car.
? In addition, the fire in the backyard, coming out, prostitution, racial remarks, and the two hundred dollars owed to someone when I was in college were all dug up.
This made every member of the Vulture Lawyers team overwhelmed and exhausted. They also needed to deal with other lawsuits, and no amount of savings would be enough to consume.
This is the inevitable ordeal of a lawsuit with a big company, unless you are a saint, all your actions are beyond reproach.
Otherwise, the other party has sufficient resources to dig you out, completely presenting it in front of the world, carrying the world's contemptuous eyes and tide-like public opinion, ?It is difficult to move forward.
I don't know why, but the media is very interested in these gossips. Every report will cause a sensation, and they will never tire of discrediting every member of the vulture lawyers.
These people seem to have become synonymous with "human scum".
? It is also a pleasure to watch a well-paid and pious lawyer be unlucky. Therefore, every time a new hot topic breaks out, it will cause the public to watch and complain, not to mention the embarrassment of words.
Only when you are in the center of public opinion, and your body seems to be pierced with thousands of holes, can you know how difficult all this is.
? If you want to go to court while drinking coffee, there is no way.
Outside the Seventh Circuit
Seeing a group of vulture lawyers drive away dejectedly, Sapiro was in a good mood.
Looking at everyone with a spring breeze, he said: "Yes, we did a great job this time. The next court session will be in December. Let's have a meal to celebrate. I know there is a good French restaurant. By the way, the poor justice Pyard called."
"French restaurant, sounds good."
"Sapiro, Atlantic Business Machines was delisted and privatized, and your law firm also got a share. And Cocoran, next time there is such a good thing, please introduce it to me. I really want to know Boss King, and I hope to be able to It's an honor."
"Don't worry! Dr. Van Beden, the Arctic Ocean Company has plenty of legal business, as long as you have a big enough appetite."
"I have always had a good appetite."
"Then it's no problem, hahaha"
A group of people left talking and laughing. This trip to New York was a pleasant trip for everyone, and they were able to deal with these idiots with ease.
What's more, there are private jets to pick you up, you can get high lawyer fees, and you can also receive other lucrative legal services.
"Oh, Mr. Montgomery, when we return, can the Gulfstream fly around Denver? I am the most loyal fan of the Denver Nuggets. They have an important game and need support."
"It's all right if you want."
"Oh, thanks!"
New York
? Viking Building
? In the spacious and luxuriously decorated office, Wang Yaocheng is at his desk handling official business with a focused and serious expression.
After a while
Wang Yaocheng let out a long sigh, threw away the gold pen in his hand and rubbed his wrists, stood up and moved his legs and feet, shaking his neck from side to side to relax the stiff muscles.
After starting the delisting and privatization process of Atlantic Business Machines, he came to New York in person to sit in town, and his current work is going well.
The disturbing minority shareholder rights protection case has been delayed for a year and a half. It has not stopped this big action, and in fact it has no ability to stop it.
Wang Yaocheng didn't care about this case, what he cared about was the more important financial issue.
Royal Family Fund holds 75.2% of the shares of Atlantic Business Machines. It is not difficult to pass the delisting and privatization proposal. The biggest difficulty lies in raising huge funds.
? As of December 11, 1998
Although Atlantic Business Machines has not paid dividends for five fiscal quarters, its stock price has still risen strongly to US$178.8 billion, and its market value has risen steadily by 72%, and there has been no decline in response.
Wall Street investors are all shrewd, and investment funds large and small in the United States are also ghostly.
Small and medium-sized investors withdrew one after another, and some institutions and large investors took over the chips and locked them firmly.
The privatization process of Atlantic Business Machines is completely different from that of HSBC. Atlantic has greater potential, strong profitability, and brighter development prospects.
In addition, Wall Street has not been baptized by the financial turmoil, there is no shortage of banknotes, investors are more professional and shrewd, it is not easy to fool.
Everyone is waiting for the privatization spree, the money is not enough, hehe, it's useless to talk about it. (Remember the site URL: www.hlnovel.com - Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report
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