Just read this:
MoFo, which submitted its first monthly fee statement earlier this week, is serving as special renewable energy counsel to the official committee of unsecured creditors. The firm is seeking $641,212 in compensation for work between April 29 and May 31.
MoFo’s attorneys billed more than 683 hours during that time period and charged a blended rate of $889 an hour.
Blended hourly rates of $889? I couldn’t say that to a client with a straight face.