LSDefine

Simple English definitions for legal terms

deep pocket

Read a random definition: W.D.

A quick definition of deep pocket:

Term: Deep Pocket

Definition: Deep pocket refers to a person or company that has a lot of money and resources. This means they can afford to pay for things like lawsuits or damages. For example, if someone sues a big insurance company, they might be called a "deep pocket" because they have a lot of money to pay for any damages. It's like having a big piggy bank that can cover any expenses.

A more thorough explanation:

Definition: Deep pocket refers to a person or entity that has a lot of money and resources. This term is often used in legal cases where someone is seeking compensation for damages or losses.

Example 1: The plaintiff sued the big corporation with deep pockets because they knew they could get a large settlement.

Example 2: The insurance company was seen as a deep pocket by the plaintiff's lawyers, who hoped to win a big payout in court.

These examples illustrate how deep pocket is used to describe a person or entity that has a lot of money and resources. In legal cases, plaintiffs may target deep pockets because they believe they can get a larger settlement or judgment. This term is often used in discussions of lawsuits and legal strategy.

deep issue | Deep Rock doctrine

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

YRDSL

17:08

im a 1 issue voter - if i want someone to be elected i vote for them

Fruityfruitbat

17:08

woof

texaslawhopefully

17:08

I've seen some that could be as high as 7k though

llama

17:08

@jackfrost11770: ya prolly don't buy any lotto tickets tonite

Fruityfruitbat

17:09

get on that trump coin before the rug pull lol

Dkk

17:09

@BigStrongBug: I don't consider myself a one issue voter but if I had to pick one it would be gender relations.

KnowledgeableRitzyWasp

17:09

i am a one issue voter for the economy, which is why i voted harris

texaslawhopefully

17:10

Here's a fairly well respected estimate fruitybat: The proposed tariffs could cost consumers an additional $2,500 to $7,600 a year per household, according to estimates, said Jonathan Gold, vice president of supply chain and customs policy for the National Retail Federation.

HopefullyInLawSchool

17:10

i am a voter so i voted

BigStrongBug

17:11

Lol what does gender relations mean

BigStrongBug

17:11

Like are you anti gay marriage?

texaslawhopefully

17:11

@Dkk: So you care about gender relations over the Constitution, institutional stability, the economy, political norms, etc.?

Fruityfruitbat

17:11

blue collar trump voters are gonna blame anything but him anyway when the price of their household consumption goes through the roof. I wonder how they'll spin that narrative.

BigStrongBug

17:11

Or are you an all inclusive hater and include trans folks too

texaslawhopefully

17:12

Even if you have conservative social values you still shouldn't like Trump lol, but that's a whole diff convo

SplitterusClitterus

17:12

I love when people prefer putting not talking about gender in schools at the top of the agenda instead of dealing with school shootings

KnowledgeableRitzyWasp

17:12

this is going to blow your mind but once you realize women and men are more similar than different you will drown in pussy or dick

llama

17:12

@HopefullyInLawSchool: $45k @ KS is really good. $145k is to attend it is not a bad deal

Fruityfruitbat

17:13

facts knowledgeable

SplitterusClitterus

17:13

Also love how he put an EO to leave the Paris climate agreement in the midst of the LA wildfires and places who haven’t gotten snow in 15 years now getting storms

HopefullyInLawSchool

17:13

@llama: it would only be 17,000 ish per year

llama

17:15

yeah and i think after 1L u get in state? not certain

HopefullyInLawSchool

17:15

I dont think so based on my very brief research

llama

17:16

hmm I know some school offer that in their offer (I also believe KS does not negotiate) but I wonder which schools would reconsider with a condition of in state after 1L yr?

Dkk

17:17

@texaslawhopefully: Not necessarily but I believe what Aristotle used to say. He used to say you could not have a functioning political system if you can not get gender relations right. Or essentially that.

HopefullyInLawSchool

17:17

KS does negotiate! I got an email saying theyre doing it for the first time this year

HopefullyInLawSchool

17:18

its rather limited but its not nothing

llama

17:18

@HopefullyInLawSchool: noted, thanks for the intel. I know we joke around but all things conidered, KS is goated

Dkk

17:18

@BigStrongBug: Nah aristotle only applies gender as a role which I think either sex could fulfill. My issue with Trump's EO to limit things to only sex but I am fine with him doing it for now.

SplitterusClitterus

17:18

Yeah and Aristotle old as hell boy he would’ve died of hysteria after learning what the internet and tiktok is

LSD+ is ad-free, with DMs, discounts, case briefs & more.