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Just before Christmas 2003, Howrey Simon got a huge present a class action against several tobacco companies. The gift: a $65 million fee award from a settlement in the case. That was 2003. In 2004, the firm headed back toward earth. It didn't have tens of millions in tobacco fees to dole out to partners, associates, and staff, or to pursue its aggresive growth strategy. Now, the firm faces a tough question: Can they keep the momentum going, or was the post settlement slip indicative of more to come?
March 16, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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