Linklaters' high-profile role on Lehman Brothers' bankruptcy is set to become one of most lucrative mandates in European legal history with the U.K. giant now regularly billing more than 1 million pounds a week. The Magic Circle firm has confirmed that its role advising U.K. administrator PricewaterhouseCoopers is currently engaging "several hundred" of its fee earners. PwC itself has already confirmed that its 300-strong Lehman team is generating weekly fees of 4 million pounds ($5.9 million).
Linklaters Set for Nearly $2 Million Weekly Lehman Earnings
December 4, 2008