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Originally Posted by corporatejay
Settlement from sandpiper case.
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This is not necessarily plausible.
1) The settlement amount was OK but not filthy rich big. Jimmy was getting a finder's fee - I don't remember if it was 10% or 20% of what the firm was getting - they told him upon terminating his employment. If the settlement amount was $45M or so (this was the ballpark discussed at the last meeting) and the legal contingency fee was say 25%, this means $11.25 to the two legal firms and either $1.1 or $2.2M to Jimmy. His house looked way richer than that.
Added: His take was $1.16M - this is from Wikipedia:
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Jimmy discovers from Irene, his former elder law client who represents the class in the Sandpiper Crossing lawsuit,[a] that the company has offered a settlement which if accepted will result in Jimmy’s share being $1.16 million.
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2) Settlement money was legally earned. So were his legal fees for defending clients. Why did FBI confiscate all of his possessions?