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Federal District Judge: “Proportionality and Overstaffing Justify a Reduction of 80% of the Lodestar Calculation”

Posted On August 8th, 2013 by Legal Fee Advisors

In a June, 2013 decision, the United Stated District Court, for the Northern District of Illinois, in the case of Richardson v City of Chicago, 2013 WL 2451107 [ND Ill 2013], awarded attorneys’ fees to the prevailing plaintiff in the amount of $123,165.24, representing a 80 percent reduction of the already reduced lodestar calculation. In […] Read More...

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Federal District Court finds that imprecise billing records will grant a reduction of the total attorneys’ fees to be awarded

Posted On August 7th, 2013 by Legal Fee Advisors

In a January, 2013 decision, the Federal District Judge Jean C. Hamilton, for the Easter District of Missouri, in the case of Lakeside Roofing Co. v Nixon, 4:10CV1761 JCH, 2013 WL 74371 [ED Mo 2013] reduced requested attorneys’ fees by 40 percent, as a result of plaintiffs’ failure to provide precise billing records and excessive […] Read More...

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Join Legal Fee Advisors™ at The Chief Litigation Officer Summit

Posted On August 5th, 2013 by Legal Fee Advisors

marcus evans Summits is pleased to announce the participation of Legal Fee Advisors™ as a service provider at the Chief Litigation Officer Summit, taking place at the Ritz Carlton, Amelia Island, September 8-10, 2013 Legal billings are highly complex and few companies today have the time, resources or expertise to ensure that outside counsel is […] Read More...

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David Paige on Detroit’s Bankruptcy Fees

Posted On August 1st, 2013 by Legal Fee Advisors

The city of Detroit recently filed for the largest municipal bankruptcy in U.S. history, and with such a large bankruptcy filing comes the inevitable discussion of the associated legal fees. Legal Fee Advisors’ founder David Paige was asked to comment on the subject for a piece on the Westlaw Insider blog by Reuters Legal Reporter Tom […] Read More...

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Court Reduces Requested Attorney Fees By 42.4 %, Because Plaintiffs Prevailed On Only 8 % of Their Total Claims

Posted On July 23rd, 2013 by Legal Fee Advisors

In a April, 2013 decision, the United States Court of Federal Claims, in the case of Gregory v United States, 110 Fed Cl 400 [Fed Cl 2013] awarded attorney fees in the amount of $299,202.75 to the class of plaintiffs, under the Uniform Relocation Assistance and Real Property Acquisition Policies Act of 1970 (URA). The […] Read More...

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Big Law Lay-Offs and the “New Normal”. Is the High-End Legal Service Market Shrinking? Or are Clients Imposing Fiscal Responsibility?

Posted On July 16th, 2013 by Legal Fee Advisors

There has been a lot of press regarding recent mass layoffs at Weil, Gotschal & Manges and downsizing at other “Big Law” firms.  The firm of 1,200 attorneys laid off 60 junior lawyers and 110 non-lawyers (roughly half secretaries).  The firm is also reducing compensation for 30 of 300 partners, who, per the 6/24/2013 NY […] Read More...

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Legal Fee Advisor’s David Paige Quoted in The Deal Pipeline

Posted On July 16th, 2013 by Legal Fee Advisors

The U.S. Department of Justice recently announced a large-scale overhaul of bankruptcy billing guidelines, which will take effect on November 1, 2013. This Reuters article explains in detail some of the key changes, which are the first of their kind since 1996. Legal Fee Advisor’s own David Paige recently spoke with Aviva Gat, Senior Reporter: […] Read More...

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U.S. Bankruptcy Judge Overseeing Dewey & LeBoeuf Chapter 11 Approves $17 Million in Fees and Expenses

Posted On July 8th, 2013 by Legal Fee Advisors

As reported by Sara Randazzo in the Am Law Daily, U.S. Bankruptcy Judge Martin Glenn has approved  9 pending applications totaling 17 million in fees and expenses in the Dewey & LeBoeuf bankruptcy.   The applications were submitted prior to the enactment/effective date of the Department of Justice’s new billing guidelines for Attorneys in Larger Chapter […] Read More...

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Federal Magistrate Reduces Total Fees By 50%

Posted On June 26th, 2013 by Legal Fee Advisors

In March, 2013 the United States Magistrate Judge, Sheila Finnegan, in the case of Montanez v Chicago Police Officers Fico (Star No. 6284), Simon (Star No. 16497), 10 C 4708, 2013 WL 1110870 [ND Ill Mar. 18, 2013], awarded attorneys’ fees to the prevailing plaintiff in the amount of $108,350.87, representing a 50 percent reduction […] Read More...

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