Herrick, Feinstein LLP v. Stamm
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
Pursuant to a written retainer agreement providing for billing at hourly rates and reimbursement of expenses, plaintiff law firm represented defendant in complex litigation of approximately seven years’ duration. Defendant paid plaintiff more than $1,000,000 for services rendered, and expenses incurred, through the end of July 2000. By letter dated July 28, 2000, plaintiff advised defendant that the cost of seeing the case through trial, rather than settling, would be “approximately $100,000 (rough figure)” for the prospect of recovering approximately $560,000, while risking the loss of…
Also in this document: Dissent.
2Cases cited9 opinions
- S. J. Capelin Associates, Inc. v. Globe Manufacturing Corp.New York Court of Appeals · 1974
- Rose v. Spa Realty AssociatesNew York Court of Appeals · 1977
- Interman Industrial Products, Ltd. v. R. S. M. Electron Power, Inc.New York Court of Appeals · 1975
- Newburger-Morris Co. v. . TalcottNew York Court of Appeals · 1916
- Chisholm-Ryder Co. v. Sommer & SommerAppellate Division of the Supreme Court of the State of New York · 1979
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3Cited by12 opinions
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- RPI Professional Alternatives, Inc. v. Citigroup Global Markets Inc.Appellate Division of the Supreme Court of the State of New York · 2009
- Matthew Adam Props., Inc. v. The United House of Prayer for All People of the Church on the Rock of the Apostolic FaithAppellate Division of the Supreme Court of the State of New York · 2015
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