
Handling Settlement Agreements With Long Payment Periods
Months or years of additional work that a lawyer needs to perform could come with that payment period.
Months or years of additional work that a lawyer needs to perform could come with that payment period.
Nobody thought this case was worth fighting?
It’s like having a junior associate who’s never off the clock.
In many instances, working a case up can actually hurt a party’s settlement position.
In my experience, if a lawyer has easy billing on a matter, they might not be too inclined to settle a matter.
Hopefully the Latham associate will be able to find some peace now.
Clients may not wish to settle for nuisance value because they may have an inflated sense for how good their case is.
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Bad dreams about billing, settlement, and the value of cases.
If everything is uncertain in litigation, things are even more uncertain in settlement. Always keep pushing your case to trial to get the best results for your clients.
Never forget, your duty to your client reigns supreme.
Legal concerns may take a backseat to business ones, but that does not mean you should simply fold.
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The hardworking staff at the SEC deserves a big pat on the back for putting a stop to this.
To win for our clients, we have to be ready to set aside the fighting sometimes and try to get to settlement.
Some advice on how to walk a client off the trial court ledge and back into a settlement.
This settlement is nowhere near the amount needed to make all class members whole, and it's sad.
Maybe outside counsel, and clients, and the judicial system itself, should begin to acknowledge what everyone knows to be true.