Law: Boston Bonanza

Lawyer's fee draws fire

For Boston University Law Professor William Schwartz, the holiday season got off to a fast start last week. Massachusetts authorities announced an agreement that gives him a $799,000 fee for negotiating a settlement in a dispute involving a fleet of trolley cars claimed to be defective. Because the cars kept jumping the track, the Massachusetts Bay Transportation Authority (M.B.T.A.) wanted them modified by the manufacturer, Boeing Vertol Co. In September, after a year of futile negotiations, Schwartz, a products-liability expert, was hired. Before the M.B.T.A. and Schwartz could agree what his remuneration would be, he extracted from Boeing...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!