Law Firm Rate Hikes Increased in 2017
Law firm billing rates continued to rise in 2017, according to a new report from LexisNexis. The report also found lower usage of alternative fee arrangements—such as contingency-fee litigation—that help to offset growing litigation costs. Contingency-fee litigation is an alternative to high hourly rates. The Business Trial Group is Florida’s largest contingency-fee commercial litigation practice [...]
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MA Investment Adviser Accused of $1M Real Estate Scheme
The Massachusetts Securities Division has accused a Massachusetts investment adviser of defrauding his mostly elderly clients out of more than $1 million over a 26 year period. Thomas T. Riquier and United Planners’ Financial Services of America are charged with misconduct related to the scheme. According to the Complaint, Thomas T. Riquier, an investment adviser [...]
Investor Alerts
Nearly $1B in Real Estate Transactions Target of Wire Fraud in 2017
In the last two years there has been an explosion in cybercrimes targeting money wired in connection with real estate transactions. Perpetrators of these scams gain access to email correspondences about pending real estate closings and then send a phony email directing settlement funds to be wired into the scammer’s bank account—often to never be [...]
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How Recruiters Can Recover Unpaid Compensation
When a third party recruiter submits a job candidate to a company and the company hires that candidate, the recruiter is typically entitled to compensation in the form of a recruitment fee (or placement fee). But in some cases, a company hires a candidate provided by a recruiter but fails to pay the recruiter. We [...]
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