I have a law suite underway for a large company but another company is involved as well my lawyer only wants to sue the one company I don't understand why he does not want to sue all that were involved in this scheme. Any ideas? All I can tell you is this involves Securities and exchange and a insurance company
2007-10-14 17:29:40 · 5 answers · asked by mdjgirl7 4 in Politics & Government ➔ Law & Ethics
You need a second opinion. You should contact your local bar association and see if they have an attorney referal service. The cost is usually cheap. Where I practice, the cost is $25, and it all goes to the bar association to pay for arranging the service.
That said, your attorney probably has his reason for limiting who he plans to sue, but you need to (1) understand his reasons, and (2) agree to his course of action. He works for you.
2007-10-14 17:53:10 · answer #1 · answered by Frst Grade Rocks! Ω 7 · 0⤊ 0⤋
It's anyones guess why he is not including the smaller firms but, If he's a good lawyer and this does include the SEC then he would know best on who to go after.
The little guys are one that are likely to file bankrupcy anyway and niether you or him would benefit from that. So he has chosen the big boy's because they have insurance for this and are not likely to fold up.
I would also no recommend getting a second lawyer involved upless it from the same firm. This means twice the money out and reduces you chanes for a qucik settlement.
2007-10-15 00:39:51 · answer #2 · answered by Randy W 5 · 0⤊ 0⤋
hi there! well it depends on the tactic that your lawyer now employs. you should ask him what is his underlying reason for implicating only one company. anyhow, in mercantile related cases (as your case involves financial aspects) it is sometimes enough that only one company is implicated in a suit. this is more of a tactic rather than a preference. tactic in that it makes your case more win-able if only the most glaring offenses are highlighted. to include other or all companies is sometimes not a great move as this mellows down your credibility and chances of winning.
so if i were you, ask the reasons why your lawyer opted to implicate only one company. if he's reason is something similar to strengthening your case, then you should trust him. otherwise, seek for other lawyer's opinion, as there's that possibility that your case has been compromised.
2007-10-15 00:48:50 · answer #3 · answered by Kiete123 2 · 0⤊ 0⤋
Maybe he believes that if he deals with more than one entity, it will take longer to achieve a settlement of the claim.
This may be a reasonable tactic by your attorney to avoid delay of you getting an award. If the large company wants to bring another co-defendant into the suit, then they can implead it as a cross-defendant.
2007-10-15 00:47:23 · answer #4 · answered by MenifeeManiac 7 · 0⤊ 0⤋
If your lawyer can't give you the clear answer on this, then you need another lawyer.
2007-10-15 00:51:41 · answer #5 · answered by OC 7 · 0⤊ 0⤋