A Manhattan law firm has been hit with a suit claiming some of its partners tried to extract almost $50 million in "gifts" and unearned fees from the 80-year-old widow of a prominent real estate developer. Alice Lawrence claims three partners at Graubard Miller talked her into paying them $5 million in individual, taxable gifts, and that they took advantage of her poor health to get her to sign a new retainer agreement that would pay the firm a 40 percent contingent fee worth $42 million.
Font Size: 
Widow's Suit Seeks Return of $50M in 'Excessive' Fees and Gifts
New York Law Journal
September 16, 2005
This article requires premium access
This article requires premium access to Law.com. Please sign in or subscribe to read the full text.
