HOW LAW FIRMS CAN WORK TOGETHER TO GET BETTER RESULTS FOR LESS COST… IN SHORT, HOW LAW FIRMS CAN DO THE RIGHT THING FOR THEIR CLIENTS.
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Here’s the scenario:
A re-married father of four adult children left his estate, including a large life insurance policy, to each of them equally. Sadly, he developed brain cancer and was often disoriented, sometimes even delusion and it called into question what his true intentions were. Somewhere in the process, he changed his beneficiaries and upon his death, his estate became contested between his second wife and his children.
Contested cases like this, are often long, drawn out, stressful and expensive — and when the verdict is rendered, after depositions, court dates and bickering, everyone is left with such animus that no amount of money can relieve the pain. Worse yet, representation for each party exacts an incredibly heavy toll on the value of the estate.
That’s precisely what Mayer Galligan was interested to avoid.
MG Law estate attorney, Steve Mayer, with the assistance of litigator Chris Hale from Hale Lamminman Group, approached the attorneys from Nieber Pyzyk of Menomonee Falls, who represented the spouse.
“It could have been contentious, but we all wanted the same thing, the best outcome for our clients… and that meant that everyone was going to have to give a little to get something closer to what each wanted,” noted Mayer.
Atty. Hale stated that “The first thing Steve and I did was get the insurance company to put a hold on the life insurance payout while the case was litigated. It’s an easy first step, but one that is often overlooked until too late.”
In the end, what could have taken three years to resolve, took a little over one year while both sides worked their way through the process. Without having to mediate or go to trial, the cost savings to the estate were 5-times LESS than had they litigated in court — not to mention, the pain and anguish of having to live out the contentiousness publicly.
Said Atty. Mayer, “We don’t realize the beauty of a negotiated settlement unless you look at the other legal paths that we were able to avoid. My vision of those possible outcomes and the family tension and stress that they would have created makes our mutual lawyering very satisfying. Our clients may now move on, free of the pains that they never had to endure.”
In a rare gesture of conviviality, Attorney Bob Pyzyk commented, “I want to thank both of you for the cooperation that you extended during the handling of this matter and I wish to further state that your involvement led to the resolution that the parties were ultimately able to achieve. But for your involvement, the ’emotional issues’ could have overtaken the substantive issues, which would have further complicated the resolution that we were able to obtain for our respective clients.”
Pyzyk continued, “lt’s always enjoyable working with extremely competent lawyers that know how to get to the issues quickly and resolve the matter for the benefit of their client. I have the highest regard for both of you and your legal acumen and include you in that small group of ‘extremely competent lawyers’ that we enjoy having matters with.”
Should you find yourself in a difficult situation, know that “silver linings” can actually be achieved when you work with great legal counsel.
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