Long Island Savings Bank v. Aaron

*777The respondent attorney and his professional corporation (hereinafter the attorney) represented the appellant banks in connection with a large number of foreclosure proceedings and related eviction and bankruptcy proceedings. In 1992, the banks decided to terminate the attorney’s services. Given the volume of cases involved, and the consequential complexity of determining the amount of legal fees still owed, the attorney claimed that he needed to retain the legal files in question for a reasonable amount of time. Eventually, the parties entered into a stipulation setting forth a formula to be…