Kirby McInerney & Squire – Overlawyered https://www.overlawyered.com/ Chronicling the high cost of our legal system Sun, 04 Aug 2013 22:47:17 +0000 en-US hourly 1 Big Ted Frank victory on attorney fee markups https://www.overlawyered.com/2013/08/big-ted-frank-victory-attorney-fee-markups/ https://www.overlawyered.com/2013/08/big-ted-frank-victory-attorney-fee-markups/#comments Fri, 02 Aug 2013 12:26:19 +0000 http://overlawyered.com/?p=40370 Longtime Overlawyered blogger Ted Frank just saved class members more than $25 million in a case in which his Center for Class Action Fairness had objected to the attorneys’ fee request in a settlement against Citigroup. Ted argued that the plaintiff’s lawyers were marking up to associate-level rates, at $400/hour or more, the work of […]

Big Ted Frank victory on attorney fee markups is a post from Overlawyered - Chronicling the high cost of our legal system

]]> Longtime Overlawyered blogger Ted Frank just saved class members more than $25 million in a case in which his Center for Class Action Fairness had objected to the attorneys’ fee request in a settlement against Citigroup. Ted argued that the plaintiff’s lawyers were marking up to associate-level rates, at $400/hour or more, the work of contract attorneys who were being paid $50/hour or less for document review and similar tasks. Accepting the critique in part, the “order by U.S. District Judge Sidney Stein in New York cut the fee award to Kirby McInerney by $26.7 million to $70.8 million.” [Daniel Fisher/Forbes, WSJ, Point of Law and more]

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Big Ted Frank victory on attorney fee markups is a post from Overlawyered - Chronicling the high cost of our legal system

]]> https://www.overlawyered.com/2013/08/big-ted-frank-victory-attorney-fee-markups/feed/ 5 Fee catfight in Microsoft case https://www.overlawyered.com/2004/01/fee-catfight-in-microsoft-case/ Sun, 11 Jan 2004 16:56:45 +0000 http://overlawyered.com/wpblog/?p=665 Class-actioneers Michael Hausfeld and Stanley Chesley, already in line to collect $10.5 million in fees under Microsoft’s settlement of one of its antitrust cases filed in federal court, “say they are entitled to share in $50 million for helping lay the groundwork for the state claims [filed by other law firms].” Hausfeld and Chesley say […]

Fee catfight in Microsoft case is a post from Overlawyered - Chronicling the high cost of our legal system

]]> Class-actioneers Michael Hausfeld and Stanley Chesley, already in line to collect $10.5 million in fees under Microsoft’s settlement of one of its antitrust cases filed in federal court, “say they are entitled to share in $50 million for helping lay the groundwork for the state claims [filed by other law firms].” Hausfeld and Chesley say many lawyers who filed state claims were happy to rely on the work they did in advancing the federal case, but “‘Memories are short and gratitude fleeting when attorneys’ fees are at issue.’ … In a reply brief, the law firms of Milberg, Weiss and Lieff, Cabraser, and Kirby, McInerney & Squire argue that assistance provided by Hausfeld and Chesley ‘was spotty and sometimes non-existent.’ ‘To put it most charitably, rather than being a resource to various state court counsel throughout these proceedings, Hausfeld-Chesley looked out for their own clients (and fees) in their own cases, which of course is completely proper,’ the lawyers in the state cases replied. ‘Such behavior, however, does not give rise to an entitlement for fees for other plaintiffs in other cases.'” (James Rowley, “Legal-fee fight erupts over Microsoft case”, Bloomberg/Seattle Times, Jan. 7)

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Fee catfight in Microsoft case is a post from Overlawyered - Chronicling the high cost of our legal system

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