TBA Law Blog

Posted by: Katharine Heriges on Aug 7, 2017
Shelby County attorney Gerald Denny Waggoner Jr. was suspended from the practice of law for three years by the Board of Professional Responsibility on Aug. 1. Waggoner received a statutory award of attorney fees in an ERISA case. Although required by a written contingency fee agreement to credit any fee received toward that owed by the client, Waggoner demanded a 40 percent contingency fee upon settlement of the case. Without the knowledge or consent of his client, he removed the disputed fees from his trust account and converted them to his personal and business use, and failed to provide his client with a detailed accounting of the funds received.