A new audit report on the federal government’s Troubled Asset Relief Program is knocking the billing practices of the Venable law firm and is questioning about two-thirds of the fees reviewed by auditors.
Venable lawyers and timekeepers often failed to describe their contract work for the government program adequately, the 35-page report released Thursday said. In some cases, they billed fees for time spent reviewing billing. In others, they used vague descriptions over and again.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]