Description
The legal industry used to have a stigma against attorneys representing legal malpractice clients who are suing other attorneys. But that stigma, if it still exists, has definitely faded.
Data from legal malpractice insurers shows that the dollar amount of these suits has ballooned in recent years. That includes one of the most high profile suits: Elon Musk's claim against the mega-firm Wachtell, Lipton, Rosen & Katz disputing $90 million in fees for work on his Twitter purchase.
On this episode of our news podcast, On The Merits, Bloomberg Law reporter Tatyana Monnay talks about how firms handle legal malpractice suits, why they're more common in bad economic times, and how insurance plays into all of this.
Do you have feedback on this episode of On The Merits? Give us a call and leave a voicemail at 703-341-3690.
A group of antitrust lawsuits blames the nationwide affordable housing crisis in part on a conspiracy among some of the country's top landlords to drive up rent using artificial intelligence tools.
The scheme allegedly works through property management software that crunches data provided by its...
Published 11/05/24
At the New Jersey state supreme court, all of the justices seem to get along–even though they maintain a 4-3 partisan split in their ranks.
The unique system, based on an unwritten rule that the governor will select justices and maintain a 4-3 balance politically, leads to an extraordinary amount...
Published 10/31/24