Among the nearly $195 million in damages sought by former clients of King & Spalding in a malpractice suit are $14.5 million the plaintiffs said they spent on litigation caused by the firm’s alleged mistakes in a sales contract.
Given timesheets and billing records, the costs incurred by the Atlanta Spirit in its legal fight with one of its members over how to value his share in the group’s sports teams and other assets would be one of the easiest parts of the group’s suit against King & Spalding. Proving the other $181 million in damages-not to mention the malpractice and breach of fiduciary duty claimed in the suit-would be a lot harder, said Atlanta lawyers knowledgeable of professional liability issues.
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