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>> i've been on the plaintiff side and the defense side in negotiating stllts, whether it's a gigantic company or a small business -- the client must be aware of what you're doing on the client's behalf. there is no general fund that a large corporation just gives a single attorney to settle cases at will. first, that's terrible policy for a company. if they create an atmosphere where a potential plaintiff knows that hey, all i have to do is submit a claim and i'll probably get a check for $130,000, one of the things i want to make very, very clear. even if you're dealing with a gigantic corpo...

Value is not $130,000. it's not $430,000. nuisance value to a big corporation is $1,000. ask any lawyer who has made a demand and a company says we just want it to go away. >> it's precedent. once you pay someone, now you've done it. to rudy giuliani, while i cannot profess to be as wealthy as president trump, though we don't know how wealthy he is. we've never seen his taxes. i haven't gone bankrupt four times. i've never paid anyone off. i've never had a lawyer pay anyone off. so that's not the way we all conduct our lives. now i want to stay on this. rudy giuliani appeared to contradict the...

That make all of us are looking at the wrong shiny object. because last night, we're saying with all that he could cover, woo why is he taking this turn into the stormy daniels nonsense? he didn't need to. maybe that's specifically why rudy went on tv to make this point to michael cohen. >> i think the biggest reveal last night is you got to look at the way rudy giuliani views this case. he says they would never talk to ivanka trump because america wouldn't stand for it. i don't necessarily know that's true. that's an accepted view of the case. he all but challenged the mueller team. he took a...

He didn't have to. trump is what we call a third-party beneficiary. if there is anything hwith the underlying contract, it is on michael cohen. he's been set up from the beginning to be the fall guy. if that's the way it is, so be it. i, trump, knew nothing about it. i'm not a party to it. by the way, there's still a contract, and it's enforceable. >> walk me through this. this is after the president survived the "access hollywood" tape. if they're saying this woman is 100% lying, she's got absolutely nothing, what would michael cohen's rational be to pay her out of his own pocket 130 gs? >> t...

It is $2,000. $3,000. >> go away money. >> $500. yes. the notion that people are getting rich out there, suing large corporations with weak cases, is a falsity. the insurance adjusters, they know what's up. they know how to deal with this stuff. >> right. >> that's what nuisance value truly is. it is often in the hundreds, maybe a couple thousand dollars. nuisance value is not $130,000. that is, and i think avenatti has a point, it is suspect. why enter into an agreement like this to protect someone who doesn't need protecting because the person is not credible? the accuser, complaintent. it'l...