Posted by Tom(Dallas) on December 04, 2001 at 10:17:43:
If I were an attorney, I would advise my client to return the money. Trying to hold onto it would only cost time and money. Time better spent working on deals instead of in the courtroom. Money on the attorney that a judge could arbitrarily decide didn’t need to be covered by the Buyer. It would be a complete can of worms.
The only other thing I would add is that sometimes lessons(not getting it in writing) come with a pricetag, and even though the client might feel injured, not all injustices are righted.
But that advice would actually be personal, since I believe attorneys are mainly for supplying information for the client to make an informed decision. While I don’t see anything wrong with a lawyer giving advice, it is only that, advice. I believe people should take responsibility for their own actions and in making their own decisions. Advice can be a two-edged sword. I only supply my opinion so that anybody reading can make a more informed decision. If I let someone make a decision for me, then I am absolving myself of resposibility and should not be unhappy with whatever the outcome. In no way would I say ‘You need to follow the comments I have made here’. And I would not take it personally if he decided otherwise. And I would not think differently if the outcome was different than I predict. I am still responsible for my decisions and that is how I look at things. Finally, that is not to say that I am not open to new or different ideas. It’s just that almost everything is by the numbers, the odds for and the odds against. I can chose whichever way I want to go. I am aware that the odds may be against a certain outcome but that it may still happen. It doesn’t mean that that the exception becomes the rule.
I hope I haven’t fallen into the mire of ‘Where do babies come from?’ and the answer ‘the Hospital’ would have sufficed.