The Court of Appeal for British Columbia released a scathing judgment in Mide-Wilson v. Hungerford Tomyn Lawrenson and Nichols on New Year’s eve, upholding a Supreme Court decision earlier in the year which had reduced legal fees in a contingency arrangement from nearly $17 million to $5 million, in the interest of maintaining the integrity of the legal profession. The decision has implications for the understanding and application of contingency fee arrangements, which should be reviewed for contingency lawyers when evaluating the monetary worth of work in progress on their files.
The matter dealt with the million dollar estate of . . . [more]