A Long, Lonely Summer for Attorneys at Weil Gotshal.
In an April 18, 2009 post, we reported that Weil Gotshal was seeking $55,000,000 in fees in the Lehman bankruptcy for work done from September 15, 2008, to January 31, 2009. That was then, this is now.
Ashby Jones reports for the WSJ Law Blog that Weil is now seeking $45.2 M for the period from February through May, 2009:
“Weil said it worked more than 86,000 hours on Lehman’s case in the latest four-month request period and had to deal with more than 1,030 legal motions, notice, applications, objections, briefs, orders and other pleadings in the matter. The firm said it ultimately reviewed three million documents related to requests from the examiner in the case.”
Erin Geiger Smith for The Business Insider writes, “one thing cannot be denied: there are a whole lot of attorneys at 767 Fifth Avenue who have no idea it’s summer.” This is all a build-up to our video link below: