Calif. Appeals Court Approves Contingency Fee Greater Than Client Award
A California appeals court has sided with Cotchett, Pitre & McCarthy in a dispute over a novel contingency fee deal that called for more legal fees than the amount of money the client recovered. Upholding an arbitration award for the firm of $7.5 million, the court rejected arguments that the award -- based on a contingency fee of 16 percent of the client's estimated damages -- was unconscionable. A lawyer for the Cotchett firm's former client said the case "cries out" for California Supreme Court review.
