The doctrine of “unfinished business” as applied to matters billed on an hourly basis was decisively put to rest last year by the New York Court of Appeals.1 Despite the demise of the application of “unfinished business” to hourly matters, a decision issued this spring by U.S. District Judge Colleen McMahon presents a somewhat inventive variation on the “unfinished business” theme concerning which law firms and their partners should be aware.
In this month’s column, we analyze the decision, In re Development Specialists v. Dechert,2 and discuss its ramifications for law firms and their partners.
Seeming Demise of Doctrine
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