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Beware of Legalized Extortion

Author
Victor Menasce
Published
Tue 24 Dec 2024
Episode Link
https://podcasters.spotify.com/pod/show/victorjm/episodes/Beware-of-Legalized-Extortion-e2sni62

On today’s show we are talking about a specific category of lawyer who tends to work on contingency. That means the client does not shell out any cash up front. All of the compensation is paid at the back end with a split of the proceeds from the litigation. These lawyers approach the condo boards, usually unsolicited, and offer to get them a settlement from the builder for any defects. If they can prove that the builder tried to knowingly hide a defect, they could extract triple punitive damages. 


These types of cases can often be seen as legalized extortion.


Construction defect attorneys can sometimes be seen as predators by developers due to the nature of their work, which often involves identifying and pursuing claims against developers for alleged construction defects.


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**Real Estate Espresso Podcast:**
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