Quote:
Originally Posted by GreenLantern2814
So after taxes and paying a decades worth of lawyer fees, does Moore even clear a million dollars out of this?
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Settlement awards are tax free. Moore's lawyers are probably working on a contingency basis of 20% or so...Moore should take home about 80% of whatever he settled for in his pocket. The highest contingency a lawyer in BC can charge for a personal injury settlement is 33.3%. With a case like Moore's he would have had many lawyers bidding against each other to take on his case.
The biggest issue in this case is going to be what Moore's potential earnings would have been. He was probably going to end up a journeyman type player. His lawyer would have argued that he was going to be a tweener with a 10+ year career.
I seriously doubt Moore got 22 million....