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Written by Sean Hocking
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This is a cautionary tale from Texas..
The Associated Press has reported trial lawyer John O'Quinn has been ordered to pay at least $35.7 million to more than 3,000 former clients for improperly deducting expenses from settlements he won for them.
With interest and attorneys' fees, O'Quinn might have pay as much as $60 million.
"Quite simply, if O'Quinn is allowed to improperly withhold client funds with impunity, other lawyers may believe that they can do likewise. Such a result would destroy the very integrity of the special and unique relationship that exists between attorney and client," according to a final order released Thursday by a three-person arbitration panel that decided the case.
Read the full story here... |
