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Howrey 4: Contingency vs. Continuity

By John Wallbillich

It’s day four of the Howrey Watch. We take a look at the assertion by Howrey CEO Robert Ruyak that an increase in litigation work on a contingent fee was a major contributor to the firm’s demise. From the WSJ Law Blog interview: As clients began looking to lower their legal costs, the firm took on a growing proportion of work on a contingency or partial contingency basis-shifting a big portion of its business into what Ruyak described as ?future recovery.? Future recovery? More lik read more

Full post as published by The Wired GC on March 17, 2011 (boomark / email).