Treatment of legal fees in a lawsuit for money owed to my client by his employer

[Greta]

My client, a professor, is suing his employer, a university. His lawyer thinks the university will settle the suit before trial date. If he wins the suit, the university likely will cover his legal fees. But if he loses, can I deduct legal fees anywhere?

[BobKamman]

Maybe if he waits until 2026 to pay them

[Terry53029 · Accepted solution]

Here's a good article for you.

https://www.thetaxadviser.com/issues/2007/oct/treatmentoflegalfeesincurredbyindividuals.html