Economics

Economist Stiglitz Seeks $1 Million From Former Divorce Lawyer

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Economist Joseph E. Stiglitz is asking a federal jury in Washington to award him more than $1 million in damages from his former lawyer, who he says failed to file divorce papers in time to prevent his second wife from claiming part of his $300,000 Nobel Prize money.

Jury selection begins today in the trial of Stiglitz’s professional-negligence suit again Rita M. Bank of Ain & Bank in Washington. The trial, scheduled to last six days, will include testimony by Stiglitz and divorce lawyers from New York and Washington, according to court papers.