April 15, 2009
The ACORN bus brigade will be there soon
The American Lawyer is reporting that lawyers working on the Lehman Brothers bankruptcy matter have already billed an amazing $84 million for the work done during the past four and a half months. On an annualized basis, that's a nice $224 million in payouts for the lawyers, about what AIG paid out in total bonuses.
I don't really know why that comparison is relevant, but it did strike me as interesting.
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