ITíS BETTER TO BE RICH

By Eric Glazer, Esq.

Published May 1, 2023

 

After litigating for 32 years here is what I learned for sure. When litigating, itís better to be rich.  I understand that may be obvious, but as the costs of litigation continue to rise, itís a lesson that the average Joe needs to learn and learn quick.   The bottom line is that itís better to be rich because a rich person is not deterred by the cost of litigating and can simply fight fight fight.

 

Hereís how it goes representing rich people over the years:  Letís say they are suing someone that owes them $15,678.32  I know before I start that my marching orders are to settle the case for $15,678.32 plus reimbursement of fee and costs.  Itís that simple.

 

When itís a rich person vs. a poor person, every settlement offer made by the poor person will be rejected by the rich person if it simply does not reimburse the rich person everything they are seeking.  Then, the poorer person has to ask themselves if they simply want to offer everything the rich person wants, or continue to spend thousands of dollars anyway litigating.  Eventually they realize that itís simply easier paying the rich person everything they want, rather than to keep fighting, keep paying their lawyer and keep taking a risk about losing the case.  Itís a very unfair fight.  I have represented rich people who simply would not settle unless they also received some sort of an apology.  That made settlement a lot tougher to accomplish.

 

Where it gets really interesting is when two very wealthy people are litigating against each other.  You might think that these very successful people would sit down and work things out because their time and money are better spent elsewhere, but thatís not the case.  At that point the competitive nature kicks in and itís usually all or nothing or fight to the death.  Only sometimes can you convince the parties to settle.  Each side spent a lot of money litigating, but they showed the other side that they can fight just as strong and as hard as they can.

 

The bottom line is that the courtroom is truly for the wealthy.  In the condo and HOA world, itís usually the associations that have a tremendous advantage over the owner because they control the purse strings.  Everyone else should get to the mediation table as fast as they can.

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About HOA & Condo Blog

Eric Glazer

Eric Glazer graduated from the University of Miami School of Law in 1992 after receiving a B.A. from NYU. He has practiced community association law for three decades and is the owner of Glazer and Sachs, P.A. a five attorney law firm with offices in Fort Lauderdale and Orlando.

Eric is Board Certified by The Florida Bar in Condominium and Planned Development Law.

 

Since 2009, Eric has been the host of Condo Craze and HOAs, a weekly one hour radio show that airs at 11:00 a.m. each Sunday on 850 WFTL.

   

See: www.condocrazeandhoas.com.

   

Eric is the first attorney in the State of Florida that designed a course that certifies condominium and HOA residents as eligible to serve on a Board of Directors and has now certified more than 20,000 Floridians all across the state. He is certified as a Circuit Court Mediator by The Florida Supreme Court and has mediated dozens of disputes between associations and unit owners. Eric also devotes significant time to advancing legislation in the best interest of Florida community association members.



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