Firm Takes Another Hit in Bid to Collect 'Unconscionable' Fees

, New York Law Journal

   |1 Comments

A state appeals panel has thrown out a $16 million contingency fee for work Graubard Miller performed for Alice Lawrence, the late widow of New York real estate magnate Sylvan Lawrence, finding the firm's fee agreement "unconscionable."

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What's being said

  • kangaroo

    The law firm is kidding right? Contingency fees are to compensate for risk. What risk did the law firm have when it was paid millions on an hourly basis before the fee arrangement changed? Pigs get fat, hogs get slaughtered, and this firm gives new meaning to the term hogs.

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