I see many alerts about financial crimes against seniors, and I know some of my friends who have been scammed in various ways. Luckily, that has never happened to me. But there is a scam that we all have to pay a price for, and it needs to stop. The scam is frivolous lawsuits.
All the lawyer billboards, tv ads, radio ads, and direct mailers that we see urging people to file a lawsuit are because the lawyer just wants to make money off the process. A lot of folks don’t realize that every time a lawsuit is settled for any amount, the lawyer may get fees that are greatly in excess of even the amount of the settlement.
So it pays for a lawyer to file 10,000 lawsuits because even 100 small settlements can yield big fees usually paid for by the insurance company for the defendant. That means that every customer of that insurance company has to pay higher rates for auto, home, and health insurance to foot the lawyer bill. So please, don’t file a frivolous lawsuit, and may God bless the legislature for their tort reform package that tried to put a stop to some of the financial abuse. It affects us all.
Maurice Langston
13841 N.E. State Road 65
Hosford, Florida 32334
850-508-5297