We would like to thank our friends at NALFA, which has an attorney blog reporting on a survey by the TyMetrix Legal Analytics and Corporate Executive Board on the average highest partner hourly rates in 12 cities, drawing on $9.5 billion worth of invoices submitted to 83 corporate clients from 2008 to 2012 […]
Settlement Came After Arbitration Panel Awarded Orrick a $23 Million Charging Lien. Recently, MGA Entertainment settled with its former counsel Orrick Herrington & Sutcliffe, LP for claimed unpaid fees arising out of Orrick’s representation in the Bratz doll case. Earlier, an arbitration panel had awarded Orrick a $23 million charging lien (out of
$227 Million Is Fee Award to About 30 Firms. It is now official. U.S. District Judge James V. Selna (C.D. Cal.) has approved a $1.6 billion settlement in the Toyota unintended acceleration class action case, calling it “extraordinary” given the cash payments to Toya customers who sold or turned in leased vehicles between
In a July 17, 2013 post by Debra Cassens Weiss in the on-line ABA Journal, she reports on the result of some research results by Seton Hall University law professor Michael Simkovic and Rutgers University economic/business professor Frank McIntyre. The subject is the value of a law graduate degree over an attorney’s lifetime.
Flonase Class Action Counsel Win $50 Million In Fees, District Judge Selna Puts Hold On Fee Award To Toyota Unintended Acceleration Class Action Attorneys, N.Y. Bankruptcy Judge Approves $17 Million In Fees to Dewey & Lebouef’s Chapter 11 Attorneys, DOJ Approves New Larger Chapter 11 Bankruptcy Fee Guidelines, N.Y. Federal Judge Awards $40.7 Million to
We would like to thank Martha Neil and Molly McDonough for some interesting posts on The ABA Journal’s online publication during July 9-11, 2013. Virginia Lawyer Fee Sanction Payment. A Virginia attorney, facing ethics violations, paid his $544,000 share of a $722,000 legal fee award for advice relating to deactivation of Facebook
City is Out $700,000 in Fees When No Reimbursement Allowed. As reported by Eric Paul Zamora in a June 17, 2013 post at the FresnoBee.com, City of Fresno’s request for reimbursement of over $700,000 in attorney’s fees has been rebuffed. The request was made in litigation by which it won minor changes to
Top 350 Firms’ 2012 Growth Down From 1.7% Growth in 2011. As reported by Debra Cassens Weiss in her June 11, 2013 post in The ABA Journal, the National Law Journal reports that the top 250 U.S. law firms grew on the whole 1.1% in 2012, down from 1.7% growth in 2011.
As reported in an updated June 12, 2013 post by The Salt Lake Tribune, Penn State’s legal bills relating to the Jerry Sandusky sex scandal have really piled up, reaching $45.8 million as of the end of March 2013–if consulting work/related expenses are factored in. Crowd at Navy, Penn State Football game. 1922.
Wittich v. O’Connell, No. DA 12-0199 (Montana Supreme Court May 7, 2013) shows the dangers existent when a contract has a fees clause. There, a Montana couple disputed $93.99 of an earlier default $3,000 judgment obtained by former attorneys representing them, although satisfying the balance. The firm apparently chose to expend fees in
