A New Jersey ruling in a $1.3 million fee fight highlights the importance of spelling out retiring partners' role and their share in contingency fees. Judge Peter Doyne summarily dismissed a suit alleging that an agreement to share fees with a former partner would violate an ethics rule against fee-splitting by lawyers who are not in the same firm. The judge found that the partner never withdrew from the firm -- but he denied a request for sanctions against the plaintiff and his lawyers at Day Pitney.
August 19, 2008 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A New Jersey state judge’s ruling Monday in a $1.3 million fee fight highlights the importance of spelling out the role of retiring partners and their share in contingency fees.
Bergen County Chancery Judge Peter Doyne summarily dismissed a suit alleging that an agreement to share fees with a former partner would violate an ethics rule against fee-splitting by lawyers who are not in the same firm.
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