Law, Strategy, and Risk in Commercial Disputes
Since 1982, California law has required contingent fee agreements between a lawyer and a "plaintiff" to meet certain tests.
Ten years after the law took effect, a California court of appeals held that the law doesn't apply "outside the litigation context." Franklin v. Appell, 8 Cal. App. 4th 875, 892 (Cal. App. 1992) (involving…
You sell your company, including its "good will", to a competitor. Your buyer promises in the Purchase Agreement to hire you in a "generally comparable" position and to make you "eligible for participation in the Incentive Cash Bonus Plan". But the contract puts the "amount of the bonus . . . at the discretion of the Salary…