Prince is getting dragged into court by high powered attorney Ed McPherson -- who claims his purple highness owes him a royal fortune ... nearly $50,000 for services rendered.
According to the lawsuit, Prince hired McPherson to represent him on two different cases -- and racked up a legal bill of $49,987.74. McPherson says he "performed legal services on [Prince's] behalf in an exemplary manner" -- but has yet to get paid.
Prophetically, one of the cases Prince hired McPherson for was a lawsuit by an agency which -- like McPherson -- claimed Prince screwed them over financially.
In the docs, filed today in L.A. County Superior Court, McPherson claims he made "countless attempts ... to resolve this matter" with Prince.