Sentences with phrase «percent offers on the table»

Not exact matches

And what if the $ 18 million in fees that were paid produced a $ 60 million settlement offer that was on the table when the lawyers renegotiated their fee agreement so as to entitle them to a 40 percent cut of the total proceeds received?

However, one justice called the fee «exorbitant,» finding that the retainer agreement had been signed when a $ 60 million settlement offer was on the table, and that when the case settled just five months later for $ 100 million, the firm's 40 percent cut ($ 42 million) was essentially equal to the additional amount that it won.