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Re: Joho611011 post# 156196

Tuesday, 04/18/2017 10:13:29 PM

Tuesday, April 18, 2017 10:13:29 PM

Post# of 235076
With Rope & Gray: Just think about it- $300k-$500K Retainers fees for R&G which is one of the most expensive law firm out there. From one of Ropes and Gray clients filing i.e


"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.