Three US law firms are in a dispute over fees on the mammoth US bankruptcy of Lehman Brothers – which has already generated $300m (£200m) in legal costs – after their fees were reduced by marginal amounts, writes The Am Law Daily
The fees dispute gained momentum earlier this week when three firms – Milbank Tweed Hadley & McCloy, Jones Day and Curtis Mallet-Prevost Colt & Mosle – filed papers protesting the Lehman fee committee’s reductions of their bills for the period of 1 June 2009 through the end of September 2009.
