The Wall Street Journal reports [subscription] that biglaw is a business, and is increasingly the target of legal malpractice suits. The report is supplemented with a Hinshaw attorney quote.
"Big law firms are mostly in the business of keeping others out of trouble, not themselves. But some practitioners who defend law firms are seeing an uptrend in legal-malpractice claims. "The profession has become more like a business," says Philip Touitou of Hinshaw & Culbertson LLP in New York. "Now that firms have big revenues they’re now seen by the plaintiffs’ bar as viable targets."
Last week alone offered up two high-profile examples, each stemming from soured business deals consummated back around 2000.
On April 6, a Minnesota federal judge ordered that Dorsey & Whitney LLP disgorge about $887,000 in … "