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Explainers: Part 2- Stages of Litigation (TSR/WoTC Litigation)
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<blockquote data-quote="Snarf Zagyg" data-source="post: 8604741" data-attributes="member: 7023840"><p>I should add this as an illustrative example of why litigation is so expensive, and I expect this to settle relatively soon.</p><p></p><p>Imagine a deposition. This is when you sit down someone and question them, under oath. Now, a typical deposition can take from 4-7 hours... but can take more.</p><p></p><p>Imagine you are paying an attorney $500 an hour. The typical rule of thumb is that you require a bare minimum of twice as much time to prepare for a deposition than you need to take it (again, this is a rule of thumb- if you are doing a deposition that requires going over a lot of documents, or is in a very involved case, this number can go up; conversely, if you just defending the deposition of someone minor, this might go down).</p><p></p><p>So, 14 hours x $500 an hour = $7000, plus you might want to get a court reporter ... and pay to have a transcript of that deposition. That's one deposition. One person. </p><p></p><p>Assuming everyone is happy and cooperating (as lawyers are famous for doing!). If the lawyers get in arguments about taking the deposition- whether it should take place, how long it should be, whether the person should even be deposed, etc. Well, that's a lot more money spent. </p><p></p><p>In summation- I don't see any fundraising that's going to help TSR (and LaNasa) through the mess they have created.</p></blockquote><p></p>
[QUOTE="Snarf Zagyg, post: 8604741, member: 7023840"] I should add this as an illustrative example of why litigation is so expensive, and I expect this to settle relatively soon. Imagine a deposition. This is when you sit down someone and question them, under oath. Now, a typical deposition can take from 4-7 hours... but can take more. Imagine you are paying an attorney $500 an hour. The typical rule of thumb is that you require a bare minimum of twice as much time to prepare for a deposition than you need to take it (again, this is a rule of thumb- if you are doing a deposition that requires going over a lot of documents, or is in a very involved case, this number can go up; conversely, if you just defending the deposition of someone minor, this might go down). So, 14 hours x $500 an hour = $7000, plus you might want to get a court reporter ... and pay to have a transcript of that deposition. That's one deposition. One person. Assuming everyone is happy and cooperating (as lawyers are famous for doing!). If the lawyers get in arguments about taking the deposition- whether it should take place, how long it should be, whether the person should even be deposed, etc. Well, that's a lot more money spent. In summation- I don't see any fundraising that's going to help TSR (and LaNasa) through the mess they have created. [/QUOTE]
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Explainers: Part 2- Stages of Litigation (TSR/WoTC Litigation)
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