X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
A dispute over several hundred thousand dollars in legal fees has pushed intellectual property lawyer David Toren to haul his former firm, Anderson Kill & Olick, into New York County Supreme Court. Toren, who now heads Brown & Wood’s patent and trademark practice in New York, is alleging Anderson Kill employed accounting ruses and other steps to deprive him of earnings. While departing partners often have difficulty settling differences with their former law firms, few disagreements grow so rancorous that they result in a lawsuit. The complaint indicates Toren and Anderson Kill tried to negotiate some of the issues, but failed to reach a settlement. Neither side would discuss the details of the case. Toren’s suit is the latest in a string of misfortunes to hit Anderson Kill this year. Citing a downturn in insurance coverage work, Anderson Kill fired 22 partners. The crisis spurred the defection of a number of other lawyers, including Toren. When eight of Toren’s colleagues � legal and nonlegal personnel � gave notice that they would be following him to Brown & Wood, Anderson Kill issued termination notices which saved the firm from paying salaries to the group for one work day.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.