As the difficult economy intensifies pressure on lawyers and law firms to keep billings and collections up, clients are finding it difficult to pay large legal fees on time. This combination is fueling an uptick in fee suits filed by lawyers looking to collect and the boomerang malpractice claims filed in response by their clients.
Hear ABA Journal business of law reporter Rachel M. Zahorsky discuss with Beazley’s Brant Weidner this dangerous trend, along with key points for lawyers to contemplate when weighing the risks and rewards of a fee suit and ways to prevent the predicament altogether.
Listen to the Podcast