Overlawyered has more coverage of the indictment of Dickie Scruggs, the rich trial lawyer who helped bring about the tobacco Master Settlement Agreement that settled lawsuits by 46 states. I earlier discussed how the settlement made undeserving trial lawyers obscenely wealthy, and how it ripped off consumers — in whose name many of the lawsuits leading to the tobacco settlement were brought — here. Even the American Bar Association’s publication has taken a dim view of the settlement, as you can see here.
More on Indictment of Dickie Scruggs, Tobacco Settlement Lawyer
by Hans Bader
November 30, 2007 @ 1:40 pm
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Guess you haven’t sat in the room with health care executives making life or death decisions for consumers/patients and prioritizing profits/cost-cutting/money-making over better meeting the needs of their customers. If you had, you wouldn’t care HOW much plaintiff lawyers make. They are vitally necessary as a check and balance against corporate wrong-doing (I’m talking life and death for unsuspecting consumers.) And when health care executives bring home annual bonuses of $60+ million, the corporate penalty for wrong-doing has to be stiff.