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Old 01-29-2020, 03:09 PM   #239
Adder
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Join Date: Mar 2003
Posts: 17,177
Re: antitrust class actions no poach agreements

Quote:
Originally Posted by Icky Thump View Post
Not really. Let's form a hypo. Let's say competing firms agree not to hire each other's lawyers. They brag about it but still occasionally do hire but when one does, the losing firm calls up and complains about the deal. Can, let's say, hypothetically, one of these lawyers, finds out about it and wonders on the internet if he can sue and get lots of money.

Is that a retirement plan? Is that a retirement plan that means that lawyer would be able to hire Mike Bloomberg as his butler?

On another note, what is the typical evidence. No the hypothetical retiring lawyer doesn't have a principal on tape saying "Why are you leaving? We agreed not to hire each others' lawyers to keep costs down." But there are probably a dozen cases of he said, she said.
Doesn't sound like a particularly large class.

As to how to calculate damages, you hire an economist to get as big a number as you can to treble. Or I presume, having never been on the plaintiff's side.
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