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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: jlallen who wrote (336430)	1/2/2003 3:42:27 PM
From: Kenneth E. Phillipps	Read Replies (1) \| Respond to of 769670

jla, I have never had a charged fee challenged by a client. That's 42 years of practice without a challenge. My fees must be reasonable.

To: jlallen who wrote (336430)	1/2/2003 3:46:04 PM
From: DMaA	Respond to of 769670

Ciresi and company set a new bench mark in "reasonableness" after the MN tobacco settlement. That year they took home 7% of the $6.6 billion the tobacco companies settled for. Minnesota gets its money a little at a time over 25 years. Ciresi got his right away. The settlement called for Ciresi's law firm to receive a fee equal to 7.1 percent of the settlement, or $466 million. It will be paid by the tobacco companies on top of the plaintiffs' award. "I understand it's a lot of money. All I can say is, we earned it," Ciresi said. We don't know to this day what that works out to per hour. He refuses to make public his records. But his firm was the highest paid in the country that year. onlineathens.com I'm sure Minnesota also has an ethics rule about "reasonableness" of fees. But as you can see, it is so elastic that it is in practice it means grab whatever you can with as big a shovel as you can hold. By analogy, reasonable eating would be, eat one bite less than what would split your stomach open.