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Tuesday, April 18, 2017 10:13:29 PM
"Gawker’s most expensive law firm is Ropes & Gray, which is representing it in the bankruptcy proceedings. Gawker paid a $300,000 retainer to Ropes & Gray before declaring bankruptcy and is currently paying Ropes & Gray’s standard hourly rates of $880 – $1,450 for partners, $605 – $1,425 for counsel, $460 – $1,050 for associates and $160 – $415 for paralegals"
Just an FYI: The above rates are discounted more than 35% because of BK by R&G
More reading suggests they have strong research team , who spend on an average 150-200 hrs and in big cases over 1000 hrs before taking up the case.
Now coming back to SFOR, what makes them come on board? TPG/Intel/Intel Security/McAfee?
SFOR of course is not paying big retainers fees and hourly rate so who else and why? I have some idea based on few calls I made, but peeps can do their own DD.
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