New Jersey Lawyer Magazine 

It happens to every lawyer in private practice: The attorney is retained by a client and puts time and effort into handling a matter, only to have the client fail to pay the attorney’s fees. In tough economic times, this scenario seems to occur more frequently.

A few years ago, the only considerations might have been the amount owed and whether it was worth the time and effort to file a suit for fees. Today, the analysis goes beyond the time and aggravation. Filing a suit for fees may impact the firm's professional liability insurance coverage, and potentially increase future premiums, even if the attorney succeeds in obtaining a judgment. The easiest way to avoid professional liability insurance pitfalls is to never file a suit for fees. That answer, however, is not always practical.

Continue reading.


Jump to Page

By using this site, you agree to our updated Privacy Policy and our Terms of Use.