Financial Crisis
How Much Lawyers Stand to Benefit: Lehman By the Numbers
$1.4 billion is the projected amount of fees that lawyers, accountants and other professionals may earn from working on the Lehman Brothers bankruptcy.
$53 million Milbank, Tweed, Hadley & McCloy’s estimated fee as counsel for the creditors committee.
$613 billion Estimated amount of Lehman Brothers debt.
Weil, Gotshal & Manges is projected to earn $209 million as Lehman Brothers’ bankruptcy counsel.
Just how much do the lawyers involved in the Lehman Brothers bankruptcy stand to benefit?
Continue reading the full story online in the January ABA Journal.
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