Sunday, December 1, 2013

Apple files complaint over exorbitant lawyer fees in e-book antitrust suit

If you were a lawyer and Apple hired you on legal matters, what would your charge Tim Cook & Co. for services rendered? A hundred bucks per hour? Three hundred bucks?
How about a whopping $1,150 per hour fee plus a fifteen percent “administrative fee” on top? That’s what one Michael Bromwich attempted to bill Apple for a fortnight’s worth of work on overseeing the electronic books price-fixing antitrust case.
But having a deep-pocketed client such as Apple is by no means a guarantee of the hefty payout, as court-appointed Bromwich discovered after the iPhone maker filed a formal objection over the exorbitant fees…

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