Wachtell bill leaked
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Poast new message in this thread
Date: July 18th, 2023 9:51 PM Author: milky base hunting ground
LMFAO:
"12.8 various litigation workstreams"
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46563706) |
Date: July 18th, 2023 9:53 PM Author: milky base hunting ground
I would have sold my soul to be able to bill like this.
No wonder they're able to hit 3000 hours a year.
"14.7 work on stuff"
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46563713) |
Date: July 18th, 2023 9:56 PM Author: Racy skinny woman
“16.50 document review”
It’s a noble profession
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46563732) |
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Date: July 18th, 2023 10:19 PM Author: doobsian wild goal in life field
11. In the middle of the board’s final October 27 meeting, former Twitter general counsel Sean Edgett sent the chart of fees that the Twitter board was meeting to approve. Upon seeing the magnitude of the fees being presented for the board’s approval, one former Twitter director immediately exclaimed in an email reply to Edgett:
O
My
Freaking
God
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46563848) |
Date: July 18th, 2023 10:08 PM Author: Silver home dog poop
alexandra sadinsky 14.50 17,037.50 "strategy"
double fordham
https://www.wlrk.com/attorney/apsadinsky/
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46563801) |
Date: July 18th, 2023 10:17 PM Author: Thriller Institution
wtf are these 16.47, 13.14, 13.68, etc hrs?
do they not bill in tenths or quarters? just random halford decimals?
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46563842) |
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Date: July 19th, 2023 12:47 PM Author: Thriller Institution
BEEP BEEP BEEP
we get the concept that it's mathematically possible to work a halford decimal fraction of an hours.
the question is what client arrangement allows for billing in increments other than 0.1 / 0.25.
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46565528) |
Date: July 18th, 2023 10:20 PM Author: Thriller Institution
donald j butterworth -- who wrote the longest and most detailed entry and only bulled 5.25 -- only lasted a year at wlrk and left:
https://www.linkedin.com/in/donbutterworth
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46563854) |
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Date: July 19th, 2023 8:52 AM Author: Flatulent headpube
DE Shaw is sure as shit more prestigious than any law firm and has far better exit options
he won
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46564743) |
Date: July 18th, 2023 10:37 PM Author: black massive scourge upon the earth
is there no protective order in this case that this could just be filed publicly
seems like a great way to piss of the judge
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46563914)
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Date: July 19th, 2023 6:24 AM Author: Obsidian spot
The paralegal bills are $300 to download documents from pacer
Fuck my life
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46564608) |
Date: July 19th, 2023 6:26 AM Author: glittery haunting business firm
Ediscovery Staff Attorney billing at $1,100 per hour
https://www.wlrk.com/attorney/ctmorgan/
JFC
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46564610) |
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Date: July 19th, 2023 8:00 PM Author: mustard passionate kitty cat parlor
(1) It's not like Elon's going to keep using them when he takes over.
(2) Burn it all down.
(3) You can only settle for a number well under what you can 'blackboard' in damages. At this point Elon would be killing it to settle for $45M in fees; do you really think they did $45M in work?
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46567416) |
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Date: July 19th, 2023 1:50 PM Author: Thriller Institution
yes. traveling is working. it's opportunity cost. why should the firm not charge the client when their attorney is out of pocket traveling and could otherwise be doing work?
unless the client is cheap and negotiates a deal with the firm where they dont pay for travel time or pay at a reduced rates, it's very standard.
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46565860)
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Date: July 19th, 2023 3:21 PM Author: bonkers marvelous plaza
Jessica Allen 1.75 "Team meetings"
*No one else records time to "team meetings"*
This was always my biggest fear.
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46566266) |
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Date: July 19th, 2023 3:41 PM Author: Racy skinny woman
“It was a Teams meeting. Sorry, typed it wrong.”
“With whom?”
*hangs up phone*
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46566375) |
Date: July 19th, 2023 3:37 PM Author: frisky state puppy
GORGEOUS Anitha Reddy, who is apparently a PARTNER, billing 9.0 hours straight for "legal research/brief drafting/discovery review" while she checks Shadi.com for potential matches while meditating to a urn containing part of Ruth Bader Ginsburg's ashes
https://benchmarklitigation.com/Lawyer/Anitha-Reddy-New-York/Profile/79734
EDIT: she definitely is a partner, her 9.0 hours cost $13.5k, a CHILL billing rate of $1,500
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46566344) |
Date: July 19th, 2023 5:08 PM Author: Light charismatic friendly grandma trailer park
I’ve worked with Wachtell on a similar matter and I think the time billed is legit. I was billing 280-315 hours per month and they were working me under the table sending emails all hours of the night (including some of the folks on this bill). In these cases, the partners are constantly having to update the board and senior management and there is an insane amount of documents to review on an expedited basis, plus thousands of RFAs, interrogatories, stupid discovery letters/motions/30(b)(6) depositions, expert work, dispositive motions, statements of undisputed facts, etc.—plus you need to be preparing senior folks for depositions, coordinating with their individual counsel if they have it, traveling, etc.
This case was filed July 12 and set for trial October 17. People don’t realize how short that is to prepare for a dispute of this magnitude, which would require things like pulling emails and text messages from outside directors (who don’t have company email addresses and who were probably on their yachts off St. Tropez at the time the case was filed).
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46566778) |
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Date: July 23rd, 2023 9:41 PM Author: Flatulent headpube
lol are you fucking kidding.
elon personally works with the absolute highest levels of government.
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46582162) |
Date: July 20th, 2023 4:52 PM Author: crystalline jewess
Here's (((Adam L Goodman))), who totally spent 20 hours in a single day doing "attention to discovery" billing over $1,000 / hour.
https://www.wlrk.com/attorney/algoodman/
(http://www.autoadmit.com/thread.php?thread_id=5374958&forum_id=2],#46570903) |
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