Contingency Fee Formula and Law Firm Valuation Considered

Business Valuation Update BVLaw
Legal and Court Case Update
November 28, 2005
7373 Computer Integrated Systems Design
marital dissolution/divorce

Marc Z. Edell v. Paula Edell
No. A-1695-02T5 (NJ App. 2005)
US
State Court
New Jersey
Court of Appeals
Barbara Ulrichsen, Bonnie C. Frost, Derek M. Freed, Holly M. Barbera, Ivette R. Alvarez
Gary Trugman, CPA
Per Curiam

Summary

The New Jersey Superior Court, Appellate Division affirmed the valuation of a law practice and the formula for determining the amount of the marital portion of contingency fee awards.

See Also

Marc Z. Edell v. Paula Edell

The New Jersey Superior Court, Appellate Division affirmed the valuation of a law practice and the formula for determining the amount of the marital portion of contingency fee awards. The law firm was valued using an asset based approach, exclusive of goodwill.