King & Spalding hit with legal malpractice case, suit alleges ‘gross overpayment’ of fees in funded case

A Netherlands man is suing global law firm King & Spalding for more than $1 million, alleging a gross overpayment in fees in a case funded by Burford Capital. The suit states that “this case illustrates what happens when attorneys, retained by a client to represent that client in arbitration, decide instead to represent their own pecuniary interests and those of a third-party funder and to make a mockery of the fiduciary obligations an attorney owes to their clients.” More from Southeast Texas Record.