This past Monday, all former NFL players received a notice from the court regarding the opportunity to object to the petition for Attorneys’ fees, costs and holdbacks on awards. We wanted to make sure that clients of Locks Law Firm knew that this 5% holdback (“…to provide future common benefit fees for attorneys who do work to facilitate the Settlement…”) is NOT in addition to the retainer fees. As you should know, our retainer agreement with you is 20%. The 5% would come out of the 20% already allocated in the retainer agreement. In essence, if the court approves this fee, it means Locks Law Firm will get less money, not you.
At this time, the Locks Law Firm is open for business and is fully functional, despite the COVID-19 pandemic.
Most of our attorneys and staff members are working remotely and we are fully equipped to continue providing all services during this time of uncertainty. As each state's guidelines are updated, we will gradually be returning to work from our four offices. In the meantime, we would ask that you communicate with us by phone, email or fax and we will respond as quickly as possible. Please do not visit our offices at this time without first communicating with a staff member.