Comments on: More Client Problems for Quinn Emanuel http://lawshucks.com/2009/01/more-client-problems-for-quinn-emanuel/ A self-deprecating look at life in and after BigLaw Fri, 19 Mar 2010 14:03:28 -0400 http://wordpress.org/?v=2.9.2 hourly 1 By: Frogger http://lawshucks.com/2009/01/more-client-problems-for-quinn-emanuel/#comment-98 Frogger Fri, 23 Jan 2009 17:42:30 +0000 http://lawshucks.com/?p=643#comment-98 Good point LS - this is a great summary. And firms are so desparate for fees these days, they're willing to compromise themselves on ethics/conflicts. Good point LS – this is a great summary. And firms are so desparate for fees these days, they're willing to compromise themselves on ethics/conflicts.

]]> By: lawshucks http://lawshucks.com/2009/01/more-client-problems-for-quinn-emanuel/#comment-96 lawshucks Fri, 23 Jan 2009 16:03:16 +0000 http://lawshucks.com/?p=643#comment-96 No doubt. Assuming a blended rate of even $400/hr, that's $2.4 million. Even if they somehow got paid (under quantum meruit or some other theory), they'd just end up reimbursing the client for the expense of bringing Latham & Watkins up to speed. It also significantly impairs the value of the Feldman hire. If this guy is so toxic that they're going to lose every matter on which WSGR worked (even if he claims he personally did nothing), he's probably costing the firm a lot more than he's worth. No doubt. Assuming a blended rate of even $400/hr, that's $2.4 million. Even if they somehow got paid (under quantum meruit or some other theory), they'd just end up reimbursing the client for the expense of bringing Latham & Watkins up to speed.

It also significantly impairs the value of the Feldman hire. If this guy is so toxic that they're going to lose every matter on which WSGR worked (even if he claims he personally did nothing), he's probably costing the firm a lot more than he's worth.

]]> By: Joe http://lawshucks.com/2009/01/more-client-problems-for-quinn-emanuel/#comment-95 Joe Fri, 23 Jan 2009 15:17:27 +0000 http://lawshucks.com/?p=643#comment-95 Quinn is one tough cookie, and for them not to either figure out a way around this or deal with it up front means that heads are goign to role. Who knows how many associates will lose their jobs because of this. Quinn is one tough cookie, and for them not to either figure out a way around this or deal with it up front means that heads are goign to role. Who knows how many associates will lose their jobs because of this.

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