I don't agree. IMO they work with whatever they are given and will always be confident . Rarely walk while clients are paying bills but at the arbitrators / court steps it can change in a instant regardless of how many SC opinions you have .. The way to test a legal firm is to tell em you can no longer pay the bill immediately and see if they still want to run the case. Amazing how their opinion can change in my experience. It is a very fluid environment.
What is the worst possible downside of keeping it going till decision ? Nil bar some fees and you may shake out even a minuscule offer to save face regardless of the real strength of your case?
Decisions are still with board and management of POH at every stage so that is who shareholders are gambling on. We will never know the true odds or what they have as more than obvious reasons to keep the case running.. Imagine doing a raising if arbitration was withdrawn? You haven't won or lost till it's withdrawn , arbitrated or settled and they will be restricted in what they tell us anyway.
Legal firm still get the kudos of running with a possible large payout and as it is all closed door arbitration no one will ever know if they did a bad, average ,good or brilliant job.
Industry awards by peers- hmmm I'll stay away from that but worth understanding how they work.
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