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February 26, 2007
Get It In Writing!
The United States Court of Appeals for the District of Columbia Circuit overturned a trial court determination that a junior lawyer was entitled to 1/3 of a more senior lawyer's contingency fee that would have paid her more than $1.3 million from claims against Iran that were collected from frozen Iranian assets. The junior lawyer had worked for the senior lawyer for about five years without a written compensation agreement but had received a 1/3 share of fees in nine earlier cases. The court concluded that the conversations between the two lawyers did not create an enforceable oral contract. (Mike Frisch)
February 26, 2007 in Associates | Permalink
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