Shearman & Sterling Shirked 'Lawyering Duties,' Client Says

Law360, New York (November 8, 2012, 5:11 PM EST) -- A former Shearman & Sterling LLP client urged a New York state appeals court panel on Thursday to hold the firm accountable for the $750,000 he loaned to a friend's company that he lost after it went bankrupt, saying the firm hadn't done its "basic lawyering duties."

Former client James Garten sued Shearman & Sterling for legal malpractice because he said the firm hadn't protected him when he loaned money to a friend's faltering company, Pacific Jet Inc. His friend lied about how much debt was...
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