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Free business idea giveaway #3
About the author, Nachum
For the last 25 years, I have made it my mission to pioneer business ideas and carry them through to their full potential.
I have patented four different pieces of technology, worked in video commerce, developed interoperable messaging, and striven for innovation throughout my career.
Realizing that the future of the economy is in freelancing, I have since turned all my attention to Book like a Boss, a cutting-edge, all-inclusive platform engineered to support entrepreneurs in more than 100 countries – and growing every day.
Born in Passaic, NJ, I now reside in Bet Shemesh, Israel, where I share my home with my loving wife and our eight children.
Chase Siman if the lawyers take the case pro bono, it means they are very confident they will win, but cases can take years before a final verdict and the money ends up in the suers account. So if the suer wants some cash now and not wait the years, he can sell a percentage of his potential winnings now.
it is very much like a lottery win where you can get a monthly payment or you can get a one lump sum- the monthly payment over the long run is a higher amount than the one lump sum
Regarding the law suit – usually a lawyer takes a % and then its based on his experience and invested time – but if someone else buys into his profit wouldnt he work less hard?
Investing in someone’s death?
But what about their kids?
Hey
When you get old they didn’t give insurance
How would the client make money?
2)you don’t know all the details,and it’s hard to say all to know if the case is good?
https://en.m.wikipedia.org/wiki/Scott_W._Rothstein
It was done in ft lauderdale and he went to jail for a Ponzi scheme
Hi
And most suing cases,they work, if they make money the take 3rd
Health!!
I missed it!!
Hey buddy
It’s not a Ponzi scheme. A Ponzi scheme relies on more and more people joining to inject new money and relying on them to pay the higher ups.
I just woke up!
All work pro bon
even more of a reason to invest!
No so no one needs the money,cuse the lawyer pays and takes out from the final bill,so no person suing needs our money now
Chase Siman if the lawyers take the case pro bono, it means they are very confident they will win, but cases can take years before a final verdict and the money ends up in the suers account. So if the suer wants some cash now and not wait the years, he can sell a percentage of his potential winnings now.
That’s not what this is at all.
Nice!
If its a good case the lawyers take it for free
Even if they take it for free, it could still be years before “Joe” sees any money. Especially if it was a pro bono case I would want to invest in it!
it is very much like a lottery win where you can get a monthly payment or you can get a one lump sum- the monthly payment over the long run is a higher amount than the one lump sum
Regarding the law suit – usually a lawyer takes a % and then its based on his experience and invested time – but if someone else buys into his profit wouldnt he work less hard?
No, because the lawyer would still get his 30%. You are buying a percentage of what he wins minus lawyer fees.
What happens if you lose the case?
You don’t get any money. Just like if you invest in the stck market or in any business and it loses
There would have to be a vetting process tto make sure there is no conflict of interest
Interesting point, can be done