An attorney who included a provision in a retainer agreement providing that any future fee disputes with his client would be subject to “binding” arbitration may nonetheless pursue litigation to reverse an arbitration award that cut his claim for fees by $25,000, a Manhattan judge has ruled.
Supreme Court Justice Carol Robinson Edmead ruled attorney Richard L. Gold was not bound by the award because the retainer agreement did not contain a prescribed waiver of both his and his client’s right to litigate anew the issues resolved in the arbitration.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
