Davis Polk Fights Recruiter Suing for $1.4 Million Fee

, The Am Law Daily

   | 1 Comments

In a motion to dismiss filed late last week, Davis Polk & Wardwell argues that a New York–based recruiter's claim that he helped place a Hong Kong litigator with the firm in 2012 "fails both as a matter of law and common sense."

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What's being said

  • Ashley Balls

    As one time co-owner of what was then the largest legal recruiter (in the 80s and 90s) if one of our staff (then 68) had tried a stunt like this I would have fired him. If you make an introduction the very least you do is leave a 'paper trail' and this is all the more important in a relatively small community. Given the size of that market (Hong Kong) it is arguable that 'normal' fees are not acceptable anyway as the claim that a recruiter has 'special knowledge' is patently ridiculous. The top 'players' are all known to each other and are likely to members of the Hong Kong Club. Using a third party keeps the deal 'clean' and removes the likelihood of enticement but the time, effort and special knowledge involved is minimal. A fee on a straight deal shouldn't be over 7.5% - 10% of remuneration and if a team is involved a substantial discount should be negotiated. It is high time the perceived 'value' of these fees are exposed for they are - greed.

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