Today was an up-and-down day for many people. On the upside, even though it's April 15, your taxes were not due. That's cool. Thank you, D.C. Emancipation Day. Though, on the downside, for many people, that just means that the weekend is taken up with doing taxes. Ugh.
But at least your day wasn't as bad as the day for Glaser, Weil, Fink, Jacobs, Howard, Achven & Shapiro (Firm Motto: "Now With Extra Name Partners!"). Because today they learned that the Court of Appeal vacated the $800,000-plus fee award that they obtained against a former client in arbitration. Triple-ugh.
It's an helpful case for lawyers who might use the L.A. County Bar Association's mandatory fee arbitration program. Complete with both a majority opinion as well as a dissent. So one worth reading. Even if your firm doesn't have seven people in its name.
