January 23, 2012 7:13 PM
New Year, New Law Firm Lawsuit-Palooza
Posted by Sara Randazzo
Less than a month old, 2012 has already seen a hefty dollop of litigation activity involving large law firms as parties rather than counsel. The latest round of suits finds angry ex-employees suing over allegedly unpaid severance, ex-clients asking judges to settle old scores, and one firm suing another over contingency fees racked up by former partners.
Among the more intriguing matters to land on The Am Law Daily’s desk lately: a January 20 ruling (PDF) by the U.S. Court of Appeals for the Seventh Circuit that revives a malpractice suit brought against Chicago law firm Neal, Gerber and Eisenberg.
In its ruling, the Seventh Circuit reversed a lower court’s decision dismissing the suit brought against Neal Gerber in 2009 by Mary Bucksbaum Scanlan, the daughter of the founding family of real estate investment trust General Growth Properties. (Scanlan amended her complaint in 2010.)
In the suit, Scanlan claims that Neal Gabler partners Marshall Eisenberg and Earl Melamed cost her more than $300 million by mismanaging her trust funds.
Specifically, Scanlan contends that Eisenberg and
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