this post was submitted on 29 Oct 2023
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[–] [email protected] -4 points 11 months ago (3 children)

$80 million. Eighty.

Even if there were 10 firms, that’s nearly $1 million ($800k) for the work, annually. And that sounds “fair” to you?!?

This sounds like typical billing when you know they have endless money.

[–] [email protected] 12 points 11 months ago (1 children)

that’s nearly $1 million ($800k) for the work, annually

How many people were working on it? $1M per year for a law firm's payroll doesn't go that far. It seems quite reasonable to me. If I were to criticize anyone, it's the feds.

[–] [email protected] 7 points 11 months ago (1 children)

These law firms generated $23,000,000,000 in value for their client and are asking for $80,000,000 in compensation. That is a paltry amount of compensation compared to the value they generated. It's also in line with every other law firm which typically take 0.5% - 1% of the value they generate in cases over $1billion. If these law firms didn't get involved, their clients would be getting $0. Their work was worth it.

[–] Alexstarfire 1 points 11 months ago

I'm curious how many man hours were put into this case.