The venerable and yet vulnerable contingency fee is in the spotlight at the Minnesota Supreme Court, courtesy of the Faricy law firm, which claims one-third of a settlement reached a few months after it was fired by its client.
On behalf of Faricy Law Firm, P.A. posted in blog on Friday, January 5, 2018.
When a loved one spent years paying on a life insurance policy, you expected to receive the proceeds upon his or her death. When he or she eventually passed away, you made a claim for the proceeds, but the insurance company denied it.
What happened? You know that your loved one paid the premiums on time, and your loved one never received notice that the policy was canceled or otherwise invalid in some way.
Denials often reside in the fine print
As a Minnesota parent, you may be like many others who keep tabs on the latest toy trends, so you know what your children might like, especially if an occasion arises where it's customary to give them gifts. The problem is that, just because a particular item is at the top of the popular gadget or gift item charts, this doesn't mean it's safe to use. Sadly, tragedies strike many households every year when children suffer serious injuries (even death) because of defective toy products.
Have you found the secret to success for your business? Do you have a leg up on the competition that could devastate your business if you lose control of certain information? If you answer yes to these questions, then you probably have trade secrets.