The Lehman Bill: Approaching $750 Million...And Counting

This article was first published on The Am Law Daily.

The latest Lehman Brothers bill is in, and the total dollar amount the bankrupt estate has paid out to financial advisors and law firms is approaching $750 million and might possibly be on its way to $1 billion, according to documents Lehman filed today with the SEC and this Bloomberg article.

More From ALM

Your firm’s online reputation can be make-or-break for business. This white paper outlines actionable strategies to protect your digital presence, manage client trust, and combat harmful reviews. Download it to learn why online reputation management is critical in 2025, and how you can gain the competitive edge your firm needs.

The Power of Online Reputation Management For Attorneys: A Critical Tool For Law Firms in 2025

Brought to you by Erase.com
Download Now

How are forward-thinking law firms enhancing support structures to meet evolving client demands? This white paper explores actionable strategies from 800+ legal professionals to improve staff productivity, retain top talent, and streamline workflows for maximum profitability. Stay ahead in 2025 with insights into reducing attrition, aligning resources with client needs, and leveraging technology for sustainable growth. Download the white paper now.

The Role of Evolving Support Structures in Optimizing Legal Talent

Brought to you by BigHand
Download Now

Discover how AI-powered deposition and medical record summaries can streamline your workflow, minimize errors, and give you back valuable time.

AI-Powered Deposition and Medical Record Summaries: Low Risk, High Reward

Brought to you by Parrot
Download Now

Premium Subscription

With this subscription you will receive unlimited access to high quality, online, on-demand premium content from well-respected faculty in the legal industry. This is perfect for attorneys licensed in multiple jurisdictions or for attorneys that have fulfilled their CLE requirement but need to access resourceful information for their practice areas.
View Now

Team Accounts

Our Team Account subscription service is for legal teams of four or more attorneys. Each attorney is granted unlimited access to high quality, on-demand premium content from well-respected faculty in the legal industry along with administrative access to easily manage CLE for the entire team.
View Now

Bundle Subscriptions

Gain access to some of the most knowledgeable and experienced attorneys with our 2 bundle options! Our Compliance bundles are curated by CLE Counselors and include current legal topics and challenges within the industry. Our second option allows you to build your bundle and strategically select the content that pertains to your needs. Both options are priced the same.
View Now

From Data to Decisions

Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends.

Exclusive Depth and Reach.

Law.com Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALM’s deep bench of proprietary information to provide insights that can’t be found anywhere else.

Big Pictures and Fine Details

Law.com Compass delivers you the full scope of information, from the rankings of the Am Law 200 and NLJ 500 to intricate details and comparisons of firms’ financials, staffing, clients, news and events.

The American Lawyer Industry Awards 2025

November 13, 2025
New York, NY

Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments.

Learn More

Complex Claims & Litigation Forum 2025

February 24, 2025 - February 26, 2025
Las Vegas, NV

This conference aims to help insurers and litigators better manage complex claims and litigation.

Learn More

Legalweek Leaders in Tech Law Awards 2025

March 24, 2025
New York, NY

Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives.

Learn More