Florida Investment Panel OKs Cap on Legal Fees

TALLAHASSEE, Fla. (AP) - The panel that invests state money including pension funds has approved a $50 million per case cap on legal fees paid to outside lawyers. The three-member State Board of Administration unanimously adopted the limit proposed by one of its members, Attorney General Bill McCollum...

Eli Wald on Assignability of Unpaid Legal Fees Lawsuits, Burnison v. Johnston, 277 Neb. 622 (Neb. 2009).

In Burnison v. Johnston , the Supreme Court of Nebraska held that a law firm may assign its right to collect unpaid legal services. This Commentary, written by Professor Eli Wald, a legal ethics expert, summarizes the pertinent legal issues decided by the Court and provides important insights for practitioners...

Eli Wald on the Use of Credit Cards to Pay for Legal Services, Virginia State Bar Standing Comm. on Legal Ethics, Op. 1848, 2009 Va. Legal Ethics Ops. LEXIS 1 (April 14, 2009)

Clients use of credit cards to pay for legal services has become commonplace. This opinion explores whether lawyers may pass along transactional fees charged by credit card companies to clients who are using credit cards to pay legal fees. This Emerging Issues Analysis, written by Professor Eli Wald...

Hearing to Determine Who Pays Stanford Legal Fees

HOUSTON, TX (AP) - Jailed Texas financier R. Allen Stanford and three executives all facing charges of bilking investors out of $7 billion as part of a massive Ponzi scheme will have to wait another five months before learning if they will have to foot their own legal bills. Full version available...

How Should Law Firms “Gear Up” to Manage Projects Better? – A 50,000-foot View (Part 1 of 2)

This two-part series was written by LegalBizDev Principal Steve Barrett , former CMO at Drinker Biddle. It is based on an article that will appear in Of Counsel: The Legal Practice and Management Report. Approaching the second anniversary of the September financial markets collapse, let's look...

Some Real Blunders to Help Undermine Your Marketing Efforts

Now let's think. If I wanted to do some really stupid things to hurt my chances of getting more legal business, and/or damage my reputation, as a lawyer what would they be. Here is my take on an article in Trey Ryder's recent newsletter where he identifies a dozen blunders (with his...