Few tears will be shed for Weil, Gotshal & Manges after a federal judge slashed in half the firm’s $1 million fee payment in an Iowa bankruptcy case. U.S. Bankruptcy Judge Anita Shodeen of the Southern District of Iowa, who’s overseeing the case, blasted the firm for showing “a distinct lack of billing judgment.”
For those not in the 10-figure club, there’s a certain schadenfreude in seeing a global law firm with more than $1 billion in annual revenue taken down a peg by a judge in Des Moines.
This content has been archived.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]
