Creative Litigation Financing: Structure Matters
The Wall Street Journal has called litigation financing the “new hot law job.” See Sara Randazzo, The New Hot Law Job: Litigation Finance (July 5, 2018). Others have extolled its virtues, including …
Avvo Lawyer Referral Service Ruled to be Unethical
On June 21, 2017, the New Jersey Supreme Court joined Ohio, South Carolina, and Pennsylvania and said “no” to Avvo Advisor, a pay-for-service lawyer referral plan that is available in Louisiana. See …
ABA Formal Opinion: A Lawyer Must Deposit Any Fee to Be Shared With Another Lawyer Into Trust Account
Rule 1.5(e) permits lawyers who are not in the same law firm to divide legal fees, subject to certain requirements. See ABA Model Rule of Prof’l Conduct R. 1.5(e); La. Rules …
May I Share a Legal Fee on a Matter on Which I Otherwise Would Have a Conflict?
The ABA Standing Committee on Ethics and Professional Responsibility on April 21, 2016, issued a formal opinion addressing whether a lawyer may share a legal fee on a matter when …
Lawyer Can’t Use Non-Compliance with Fee-Sharing Rules as Shield in Litigation with Co-Counsel
A Nevada federal district court refused to dismiss a lawyer’s breach of contract claim against another lawyer for their failure to comply with the fee-sharing provisions of Rule 1.5(e). See Grasso v. …