Every year, an estimated 189,500 vehicles in the United States experience car fires. These result in close to 1,200 injuries, 300 deaths, and more than $1.1 billion in property loss and damages. A huge portion of these accidents occurs in vehicles with diesel or gas engines, although the number of incidents involving electric cars is also on the rise. While …
What Does It Mean to Have a Lawyer on Retainer?
If you’re thinking of hiring an attorney for your business, the first thing you’ll need to do is “retain” them. This is the term used to describe the process of creating an attorney-client relationship with that particular lawyer and involves paying a lawyer retainer fee in exchange for legal representation. A lawyer retainer is most useful for individuals and businesses …
What Is a Contingency Fee?
You’ve likely come across ads on television with a dashing attorney in a tailored fit suit saying something along the lines of “…we don’t get paid unless you do…” If you’re currently in the middle of a sticky legal situation with limited financial resources to fight it in court, ads like that sound extremely promising. What you may not be …
Vehicle Recall Laws – What Is a Vehicle Recall?
According to Title 49 Chapter 301 of the United States Code, motor vehicle safety is defined as the performance of motor vehicles or vehicle equipment in a manner that safeguards the public against the unreasonable risk of accidents that may result in injury or death, stemming from a defect in their construction, design, or performance. In the best-case scenario, car …
Tesla Autopilot Crash: The Future of Autonomous Vehicles
In 2015, the Guardian made a rather bold prediction that road users would become permanent backseat drivers by 2020. While there certainly has been tremendous growth in the autonomous vehicle industry, the leading names in tech still have a long way to go before self-driving cars replace human drivers entirely. Fully autonomous vehicles are still largely out of reach except …
What Is Wire Fraud?
Wire fraud is one of the most common crimes federal authorities prosecute on a day-to-day basis. It involves a carefully woven scheme to defraud an unsuspecting victim of money or property. A criminal will typically employ some means of deceit or deception to lure the victim through concealment, misrepresentation, or a series of false statements. It is a serious crime …
Who Is Liable In a Roller Coaster Accident?
It’s all fun and games at amusement parks until someone gets hurt. No one ever goes to Disney World thinking that they may require medical attention afterward. According to statistics from the Consumer Product Safety Commission, approximately 8,800 people get injured on roller coaster rides every year. In reality, this number could be much higher since this data only accounts …
Facebook Lawsuit – A New Precedent in Privacy Laws
On February 26, 2021, Facebook was ordered to pay $650 million for violating Illinois State privacy laws. More than 1.6 million state residents are expected to receive at least $345 each in a ruling made at a California federal court in the settlement. The cumulative settlement amount was $100 million more than what Facebook had initially proposed in 2020. According …
Did Robinhood Act Illegally in the Gamestop Short Squeeze
A few weeks ago, a group of investors on Reddit gave new meaning to the term “social movement” after banding together and encouraging anyone who would listen to invest in GameStop shares. The movement, which first started on WallStreetBets – a forum on the popular social platform –, was aimed at punishing Wall Street investors, many of whom were hedge …
What Is the Role of the Securities and Exchange Commission (SEC)
Have you ever wondered what a world without the stock market would look like? Let’s just say things would be very different from what they are now. For one thing, getting business funding would be virtually impossible. Business growth would progress at an unbelievably slow pace, if at all, and the economy would stagnate. Now, picture a world where the …