In a recent ruling, a California state appeals court confirmed an arbitration award. It included quantum meruit damages, outstanding contract awards, arbitration fees, expenses, and interest amounting to over $1 million favoring the Golden State civil rights firm, The Bloom Firm. This development comes two years following the dissolution of its partnership with a competitor firm.
For more details, you can read the full report on Law360.
The case underscores the potential complexities and ensuing disputes that can emerge from partnerships within the legal sector. This instance also highlights the role of arbitration procedures in resolving such conflicts more efficiently than litigation.
Legal experts are closely following such cases to understand the court’s perspective on quantum meruit damages and the impact this may have on a firm’s risk portfolio during potential partnership agreements.