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What insane lawyers are working for those grifters and not getting paid in advance?
This actually was the advance payment that he didn’t pay. He agreed to a $1.5M retainer and only paid a couple hundred thousand of it. I guess they got pretty deep into the case anyway. I doubt the next firm will make the same mistake. What a bum.
I guess we have different definitions of "advance payment". When the retainer runs out, work should stop.
The retainer is supposed to be paid up front and then drawn from as hours are billed. They apparently started work before it was completely paid. What’s weird is they kept working after they went beyond $200k in billable hours. So they had a plan to charge up front, which is typical, but then didn’t stick to it. What probably happened is they gave some grace on the retainer and then the lead attorney was slacking on entering time. Delayed time entry is a problem at many firms. Probably entered everything in bulk a few months later, it was far in excess of what they collected and then the shit hit the fan.
Thanks for the nuanced info, that makes a lot of sense.