Ex-Partners Say Floundering Novak Druce Owes Them Money
By Jake Simpson (December 18, 2015, 4:43 PM EST) -- Intellectual property boutique Novak Druce Connolly Bove & Quigg LLP owes considerable sums of money to several of the partners who have recently fled the firm as part of a wave of attorney departures, Law360 has learned.
Both equity and nonequity partners have not been fully compensated for their work at the firm and are owed hundreds of thousands of dollars total, according to multiple sources. In August, two former nonequity partners took the unusual step of suing Novak Druce in California state court, claiming the firm intentionally withheld earned compensation and performance bonuses.
Multiple Novak Druce equity partners are afraid...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!