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9th Circ. Says Howrey Has No Dibs On Ex-Partners’ Profits

Tiomkin Law Offices of Elliott Tiomkin > Legal News  > 9th Circ. Says Howrey Has No Dibs On Ex-Partners’ Profits

9th Circ. Says Howrey Has No Dibs On Ex-Partners’ Profits

Law360 (February 27, 2020, 7:49 PM EST) — A Ninth Circuit panel held in a published opinion Thursday that a dissolved law firm has no claim on money its former partners earned finishing cases after leaving the firm, shooting down a bid by the trustee for the now-defunct Howrey LLP to claw back profits from the departed partners.

The panel told trustee Allan B. Diamond of Diamond McCarthy LLP that it is adopting the findings of a Washington, D.C., appeals court, which two weeks ago answered certified questions on the case and found that clients, not firms, own legal manners, and therefore Howrey cannot recoup profits on matters that its former…

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