Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Winston & Strawn is fighting an attempt to compel the testimony of managing partner James Neis in the upcoming trial of a suit filed against the firm by one of its New York partners. Anthony F. LoFrisco is suing the Chicago-based firm for millions of dollars, claiming management breached an agreement with him that would have allowed him to avoid “decompression,” the process by which most partners’ compensation was reduced every year after reaching age 65. LoFrisco, 72, had been one of the Chicago-based firm’s highest-paid partners under the agreement, which gave him a percentage of all the work Winston & Strawn performed for the General Electric Corp., but decompression reduced his pay from $2.3 million in 2002 to $350,000 in 2004. The firm, which says its agreement with LoFrisco ended in 2001, asked Manhattan Supreme Court Justice Helen Freedman to quash LoFrisco’s subpoena of Neis for lack of personal jurisdiction, arguing the managing partner is an Illinois resident and, though he has an office and phone number at the firm’s Manhattan office, is an infrequent visitor to New York. It also said it was unnecessary for LoFrisco to call Neis because the plaintiff already had 20 hours of videotaped deposition testimony to show at trial and the managing partner would in any case appear as a defense witness subject to cross-examination. But LoFrisco’s lawyer, Michael Carlinsky of Quinn Emanuel Urquhart Oliver & Hedges, said Neis, as the lead partner who negotiated with LoFrisco, was so crucial to the plaintiff’s case that he did not want to count on either videotape or the defense to put Neis before a jury. The trial, at which former GE Chairman John “Jack” Welch is expected to testify on LoFrisco’s behalf, is scheduled to begin Jan. 4, but Winston & Strawn’s lawyer, Philip Forlenza of Patterson, Belknap, Webb & Tyler, on Wednesday wrote to Justice Freedman requesting she consider adjourning the case. Forlenza expressed concern that the judge, who is leaving on vacation in two weeks, would not have enough time to rule on extant summary judgment motions before the trial. Forlenza declined comment Wednesday.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

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 © 2020 ALM Media Properties, LLC. All Rights Reserved.