Technology within the legal community is at a highpoint as communicating has become far easier than ever in the history of legal practice.[1] Today, we have eDiscovery, smart phones with constant updates, and research at our fingertips, as well as pleadings that can be sent in a nanosecond.[2] Has this made members of the legal […] Read More...
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Cities filing for bankruptcy should realize that its costs may far outweigh any benefits and attempting to restructure outside of court proceedings should be given prudent thought.[1] The city of San Bernardino in California filed bankruptcy in the middle of 2012 “with a $45 million budget deficit” and thus far has paid over $6 million […] Read More...
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Prestigious law firm, Jackson Lewis, announced it is eliminating the billable hour for its associates on January 1, 2015, focusing its concentration on alternative fee arrangements instead.[2] It appears that Jackson Lewis (“the firm”) believes eliminating billable hour requirements throughout its nationwide offices will shift its associates’ focus to more efficient practices to achieve the […] Read More...
Posted On February 25th, 2015 by Legal Fee Advisors
In an October 2014 decision, the Supreme Court of Florida ruled that certain Florida statutes allowing awards of attorney’s fees to the prevailing parties were, in fact, applicable to the class action suit brought by firefighters and police officers for pension plan benefits.[1] This class action was brought by a retired beneficiary of the plan […] Read More...
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Posted On February 18th, 2015 by Legal Fee Advisors
A fee application was filed by Napoli Bern & Associates’ for $69.6 million in expenses, in addition to $152 million in gross fees, while co-representing Ground Zero workers afflicted with various illnesses after their heroism was successfully challenged by legal partner, Worby Groner Edelman, LLP.[1] In 2004, Napoli Bern partnered with Worby Groner to represent […] Read More...
Posted On February 4th, 2015 by Legal Fee Advisors
In an August 2014 opinion, while recognizing that it is well established that an attorney may receive fee payments for legal fees via credit card, The New York City Bar Association’s Committee on Professional Ethics (“Committee”) stated that attorneys may not charge that credit card for disputed fees. The New York Rules of Professional Conduct […] Read More...
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Posted On January 28th, 2015 by Legal Fee Advisors
A Law 360 article dated December 3, 2014 by Aebra Coe entitled Biggest Cos. Foresee Legal Cuts in 2015, reports that a significant number of legal in-house departments of companies with revenue in excess of $10 billion will be focused on reducing outside legal fees in 2015 as they begin to institute cost containment programs […] Read More...
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Posted On January 21st, 2015 by Legal Fee Advisors
On October 28, 2014, The New York Court of Appeals reversed an appellate court’s ruling that a contingent fee agreement was “unconscionable when made” thereby ordering the firm’s payout be paid in an hourly rate thereby significantly reducing their reward.[1] Since 1983, Alice Lawrence, the widow of commercial real estate tycoon, Sylvan Lawrence, had been […] Read More...
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Posted On January 14th, 2015 by Legal Fee Advisors
In a recent California decision, a district court judge slashed requested attorney’s fees of $244,711.68 by roughly half for billing in quarter hour increments, duplicative attorney’s fees, and unnecessary travel expenses, among other reasons. The case, Zest IP Holdings, LLC v. Implant Direct Mfg., LLC.[1] was originally brought by Plaintiffs alleging patent and trademark infringement. […] Read More...
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David Paige quoted in an Omaha.com article on alternative fee arrangements. Please click on the link below to view the article: DP Published: Legal Fee Advisors’ David Paige was quoted in “To benefit clients and attorneys more firms trade the billable hour for flat fees” Read More...
