Right To Choose Atty Key As Fallen Firms Seek Fees In NY

Law360, New York (January 24, 2014, 8:49 PM ET) -- As New York’s highest court considers whether defunct law firms’ estates may collect hourly fees made by other firms that take up the collapsed firm’s client matters, experts say the decision will boil down to how heavily the judges value a client’s right to choose its lawyers.

Though the provision of the Uniform Partnership Act known as the unfinished business rule says collapsed firms are entitled to “any property, profit or benefit” a partner receives that derived from the firm after that partner leaves, courts have...
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