Credit: nlszekely/Adobe StockFirm Wants Departing Lawyer to Repay $200K in Compensation
The firm's salary-and-draw compensation model, in which fees collected from the attorney's clients are credited against the draw portion of his paycheck, will come under close scrutiny in the litigation.
January 03, 2025 at 04:00 PM
4 minute read
What You Need to Know
- Suit claims a former attorney at Helmer Conley & Kasselman owes the firm more than $200,000, representing a credit balance in his draw account.
- Firm credits fees paid by an attorney's clients to the draw amount of his compensation.
- Departing attorney is also accused in suit of improper efforts to recruit firm's clients to follow him to his new position.
A New Jersey law firm has sued a departing attorney to recoup more than $200,000 that allegedly represents the amount owed to the firm under a salary-and-draw compensation model.
The firm's compensation model, in which fees collected from the attorney's clients are credited against the draw portion of his paycheck, will come under close scrutiny in the litigation.
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