Quote:
Originally Posted by deanyel
I would think it the other way around - that it's management stonewalling because of the cost. I don't get it - what would lawyers have to do with it?
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Lawyers are concerned with precedent as in: "...if you do this one thing, it establishes a precedent and then you have to do it all the time."
We are also concerned with the slippery slope: "if you do A, then you are going to have to do B and then C and then D etc. etc. etc."
I am a lawyer. I was in-house counsel for an international oil company. I was also in-house counsel for another major institution. And I have represesented insurance companies. Trust me on this one.
People are quick to blame the bean counters. Bean counters are usually involved in the initial product design/cost allocations.
But when it comes to settling product liability claims, the lawyers have their hands far up the beancounters' butts -- they only move their lips when the lawyers let them.
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