Just how much are bankruptcy lawyers and advisers making in the ongoing Lehman Brothers bankruptcy? Bloomberg reports that the $873.1 million in fees billed since the beginning of the case would quadruple the annual payroll of the New York Yankees. According to a Thursday filing by the Securities and Exchange Commission, 17 law firms collectively will take home at least half that amount.
Lehman Legal Fees Approaching $400 Million
The American Lawyer
July 23, 2010