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Thelen update: 2nd Circuit says former partners can keep hourly fees

By Tom Feher on August 7, 2014

On Wednesday, the Second Circuit Court of Appeals put a nail in the coffin of the attempt by Thelen LLP’s bankruptcy trustee to claw back fees on work that the firm’s former partners took with them to their new firm, Seyfarth Shaw LLP.  Here’s the opinion.

The Second Circuit ruling came after it asked…

Posted in Law firm break-ups, Law Practice Management
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The Law for Lawyers Today is a resource for law firms, law departments and lawyers needing information to meet the challenge of practicing ethically and responsibly. Here you’ll find timely updates on legal ethics, the “law of lawyering,” risk management and legal malpractice, running your legal business— and more.

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