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BlackBerry Deal Serves Up $200M Payout for Wiley

Legal Times

March 20, 2006

When NTP inked its $612.5 million settlement with RIM, lawyers at Wiley Rein & Fielding let out a collective sigh of relief. The deal ends months of uncertainty over whether RIM's popular BlackBerry device would be shut down indefinitely. Wiley is expected to reap more than one-third of the settlement in the case, which the firm took on contingency. The payout of more than $200 million plus expenses -- the largest single payout in the firm's 23-year history -- is more than Wiley's annual revenue.

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