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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'><o:p> </o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>>>…What if… there was a way (or perhaps there already is a way) to buy the equivalent of stock in a law firm? Investors can keep the firm afloat and keep its staff paid while they work on the case. That would create a money equivalent to the breezy verbiage on Quora where people are guessing at the value of a civil case.<o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>>>…Law hipsters among us please: can a person buy stock in a law firm?<o:p></o:p></p><p class=MsoNormal style='mso-margin-top-alt:auto;mso-margin-bottom-alt:auto'>spike<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><b>From:</b> extropy-chat <extropy-chat-bounces@lists.extropy.org> <b>On Behalf Of </b>William Flynn Wallace<br><b>Subject:</b> Re: [ExI] stock sales on legal cases<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><div><div><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Comic Sans MS";color:black'>I found something! Sharksavers.org<o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Comic Sans MS";color:black'><o:p> </o:p></span></p></div><div><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Comic Sans MS";color:black'>bill w<o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>…heeeeeeeeeeeeeheheheheheheheheeeeeeeeeeeeeehehehehehehheeeeeeeeeeee…<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>BillW, you had me going there. I fell for it. {8^D<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Think about it, business hipsters! There is a buttload of money to be made: create a “stock exchange” where a law firm can set up common shares for a particular case, then sell their shares as needed to keep the firm afloat while they work a case.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Oh we could get crazy rich off of this: we set up the exchange, charge the firm 1% of their stock to handle their transactions (as Predict_It does) so the law firm starts with 99%, then we charge the “stock” buyers and sellers 1% for transaction fees. Then, as the case whipsaws in the press, it stimulates sales, so the “house” makes money both ways.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>There is a prominent case in the news where a citizen is suing a news agency. I read the comments on Quora and see there is a huuuuge diversity of opinion on the merits of the case, many of these opinions written by actual lawyers and people who sound hip on civil law. Any time there is a wide diversity of opinion, there is money to be made on people willing to put their money where their mouth is. It is like a specialized version of Predict_It. Oh there’s money to be made here I tells ya!<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>spike<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p></div></div><p class=MsoNormal><o:p> </o:p></p><div><blockquote style='border:none;border-left:solid #CCCCCC 1.0pt;padding:0in 0in 0in 6.0pt;margin-left:4.8pt;margin-right:0in'><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p></blockquote></div></div></body></html>