People

Our team. The attorneys at LFS have been working in the legal fee field for decades. 

 

Our experience. Clients turn to us when faced with their largest and most complex legal fee issues.

  • Served as an integral part of State Department Legal Team* representing the United States in the International Court of Justice in The Hague in a 2012 arbitration between Iran and the United States over disputed attorneys’ fees related to the settlement of the Iran Hostage Crisis in 1979.
  • Expert witness in federal district court concerning major fee dispute over fees and expenses incurred in complex securities fraud, breach of fiduciary duty and commercial bribery defense.
  • Assisting in-house counsel of a global pharmaceutical company with management of a mass tort litigation involving more than 10,000 plaintiffs in actions pending in a federal MDL, two consolidated state court actions, a dozen other state court venues. Services include developing and enforcing staffing and billing guidelines; monitoring budgets for more than 100 law firms and vendors; negotiating hourly rate discounts, progressive fee discounts and alternative fee agreements; and assisting in-house staff with financial planning and reporting duties.
  • Examined fees relating to a media conglomerate’s four-year bankruptcy, one of the longest-running bankruptcies stemming from the recent financial crisis service. Evaluated $300 million in legal fees invoiced by 30 law firms and consultants, including debtor’s lead bankruptcy counsel, restructuring advisers and counsel for the unsecured creditors committee.
  • Expert witness in major fee dispute in state court. Underlying fees and expenses incurred in defense of antitrust, breach of contract and tortious interference claims.
  • Provided opinions to the United States Bankruptcy Court regarding the reasonableness and relatedness of approximately $120 million in attorneys’ fees and expenses incurred in adversary proceedings by a company in bankruptcy.
  • Served as a consulting neutral to resolve a dispute between a large privately held provider of business intelligence and outside counsel over the reasonableness of outside counsel fees in connection with a patent litigation. Specifically asked to review invoices concerning the preparation of a binding opinion to resolve the IP matter.
  • Served as a mediator to resolve a dispute between an insurance company and its insured over the reasonableness of fees charged by insured’s chosen defense counsel. LFS prepared a detailed opinion on reasonableness and opined on several fundamental coverage issues related to counsel selection.

 

* Served as attorneys in this matter.

Select Awards and Leadership Roles

 

·  Named one of the nation’s most experienced attorney fee experts by the National Association of Legal Fee Analysis

·  Serve on the Judicial Inquiry Board of Illinois, investigating judicial misconduct or incapacity

·  Former appointee to the Illinois Supreme Court’s Standing Committee on Professional Responsibility

·  Past chair of the Chicago Bar Association’s Professional Fees Committee

·  Former board member of the Claims and Litigation Management Alliance

·  Chancellor and Instructor of the Claims and Litigation Management Alliance’s Litigation Management Institute

·  Chair of the Audit Committee for the Claims and Litigation Management Alliance

·  Certified Claims and Litigation Management Professionals

·  Invited member of the Corporate Counsel Summit

·  Invited lecturer on fee reasonableness and litigation management

·  Frequent author and source in major media outlets

·  Co-author of the budgeting and controlling costs chapter in the multi-volume treatise, “Successful Partnering between Inside and Outside Counsel”

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LFS is a consulting firm and does not practice law.

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