Donald Trump’s ‘Cash Cow’ Claim Against NYC Firm Moves Forward
Posted Apr 9, 2008 6:16 AM CDT
By Molly McDonough
In a legal malpractice case, real estate developer Donald Trump claims his Manhattan law firm overcharged him and treated him like a "cash cow."
Trump's suit against New York's Morrison Cohen claims the firm did unnecessary work to generate higher bills. Westchester County Supreme Court Justice Kenneth W. Rudolph allowed the case to move forward last month, the New York Law Journal reports.
"I have dealt with a lot of lawyers and paid a lot of legal fees," Trump told the legal publication this week. "I have a Ph.D. in legal fees. I know when fees are fair and when they are not."
Morrison Cohen chairman David Scherl, however, countered that has a sense of entitlement to a discount because of his celebrity.
"That may be significant to some firms," said Scherl, "but not to us."
The firm filed a counterclaim for $470,000 in unpaid fees. Trump is asking for $3 million in damages.