United States Court of Appeals For the Seventh Circuit ____________________ No. 20‐2012 UFT COMMERCIAL FINANCE, LLC, and JOANNE M. NOREN, also known as Joanne Marlowe, individually, Plaintiffs‐Appellants,

v. RICHARD A. FISHER, Defendant‐Appellee. ____________________

Appeal from the United States District Court for the Northern District of Illinois, Eastern Division. No. 1:19‐CV‐07669 — Charles P. Kocoras, Judge. ____________________

ARGUED JANUARY 15, 2021 — DECIDED MARCH 23, 2021 ____________________

Before SYKES, Chief Judge, and WOOD and HAMILTON, Cir‐ cuit Judges. HAMILTON, Circuit Judge. This is a legal malpractice case. Plaintiffs are a start‐up company and its founder. They have sued the company’s former chief legal officer, Richard Fisher, to recover losses from an arbitration award that held them li‐ able for years of unpaid wages owed to Fisher himself. The plaintiffs’ core allegation is that they would not have been 2