Legal Malpractice

[[email protected]]

I did some telecommunications consulting work for a bank. Had a contract with them stipulating charges, payment arrangements, etc. When it came time for them to pay, they claimed it was too much and refused to pay. I ended up having to hire an attorney. In the process, my attorney set up a mediator to come in to help settle the matter. However, never in any correspondance with their attorney or in any conversation with me, did he mention that I was also entitled to interest from the date of my demand letter. My work and my demand letter was transpired 56 months ago. My contract stated that there would be a late charge of .015% per month for any payments received 30 days after the due date. In any correspondance with the bank's attorney, as well as, in any discussions with me, did my attorney ever mention the interest factor. My original bill was for $21,500. Interest on that amount, for the 56 month period, amounts to a sizable sum. Yesterday, we had our mediation and I settled for much less that .50 cents on a dollar, based on the original $21,500. Had my attorney ever mentioned that I was also entitled to interest, the settlement would have been considerably more. Do I have a case against him for his blunder?

 

[I AM ALWAYS LIABLE]

<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by [email protected]:
I did some telecommunications consulting work for a bank. Had a contract with them stipulating charges, payment arrangements, etc. When it came time for them to pay, they claimed it was too much and refused to pay. I ended up having to hire an attorney. In the process, my attorney set up a mediator to come in to help settle the matter. However, never in any correspondance with their attorney or in any conversation with me, did he mention that I was also entitled to interest from the date of my demand letter. My work and my demand letter was transpired 56 months ago. My contract stated that there would be a late charge of .015% per month for any payments received 30 days after the due date. In any correspondance with the bank's attorney, as well as, in any discussions with me, did my attorney ever mention the interest factor. My original bill was for $21,500. Interest on that amount, for the 56 month period, amounts to a sizable sum. Yesterday, we had our mediation and I settled for much less that .50 cents on a dollar, based on the original $21,500. Had my attorney ever mentioned that I was also entitled to interest, the settlement would have been considerably more. Do I have a case against him for his blunder?<HR></BLOCKQUOTE>


My response:

No. You're the one who signed the settlement agreement. It was ALSO incumbant on you to say, "Where's my interest on the debt?"

But, you didn't, and now it's all over.

IAAL


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