Monday, January 28, 2013

Casey Anthony Seeks Bankruptcy Protection for Legal Fees

by: Lawrence S. Goldman

Casey Anthony, who was acquitted of murdering her daughter Caylee Marie in 2011, has filed for bankruptcy in federal bankruptcy court in Florida.  She has listed approximate assets of $1,100 and debts of $800,000, including $500,000 due Jose Baez, one of her defense attorneys.  See here.  I was pleased to see no debt listed for my colleague and friend Cheney Mason, who as Baez' co-counsel, added gravitas, savvy and experience to Ms. Anthony's defense team.

It is not surprising for a criminal defense lawyer not to be paid a large part of the legal fees owed to her.  I venture that the average criminal defense lawyer is "beat" for some 10-20% of her fees.  And I do not know how much Baez actually did receive in fees, but I am sure nothing like the fees many white-collar lawyers and firms often receive for representation in criminal matters of institutions or individuals, even those who never get close to being indicted.  Of course, the Anthony case did provide Baez considerable fame.

(goldman)

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