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    Keohane & D Alessandro

    5.0 (1 review)

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    14 years ago

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    Monaco Cooper Lamme & Carr

    Monaco Cooper Lamme & Carr

    (1 review)

    I hired Laura Gulfo to assist with the dissolution of a business partnership, with the intention of…read morebuying out my partner. My partner and I were actively disputing the value of the business, and at no point was I advised to obtain a fair market valuation, something I later learned is a critical step in this type of situation after consulting with another attorney. I ultimately signed paperwork approximately one month before the stated close date without a clear understanding of the implications of signing at that stage. This was not fully explained to me, and I did not feel I was in a position to make an informed decision. Additionally, the retainer agreement did not align with the final billing. I was billed at a rate approximately $75 per hour higher than what I understood from the agreement, $50/hour higher for a senior associate and $25/hour higher for an associate. When I emailed Mackenzie Monaco regarding this discrepancy, I was told that services had already been "discounted." However, I never signed any documentation beyond the retainer agreement indicating any adjustment to rates or discounted billing terms. The second attorney I consulted with reviewed the billing, and agreed there are discrepancies. At this point, my only recourse regarding the billing issue is to submit a complaint to the state board and pursue fee arbitration to dispute my $12,000 bill. As I did not receive what I paid for. Pursuing a malpractice claim is not feasible at this time, as it would require me to pay out of pocket for a business valuation that would no longer be a shared expense, given that I was ultimately left to exit the business by default. There was also a transition involving another attorney on the matter that I was not informed of in advance, which added to the confusion during an already stressful process. Overall, I did not feel adequately guided through a complex situation. Based on my experience, I would not recommend this firm for business buyout matters involving disputed valuation.

    From the owner: Our Albany, NY-based law firm is built around an experienced team of attorneys with…read morehighly-specialized skill sets. We tailor our legal services and resources to best fit the needs of each client and always with personalized touch.

    Keohane & D Alessandro - lawyers - Updated May 2026

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