DOJ Issues New Fee Rules for Law Firms for Chapter 11 Billing: Will You be in Compliance?

Date:

Tuesday, August 20, 2013

Speaker(s):

Victor A. Vilaplana, Foley & Lardner LLP, San Diego

Fee:

$195

Time:

1-2 pm EDT

CLE Credits:

1 hr

Event Type:

The U.S. Department of Justice recently unveiled new guidelines aimed at ensuring that law firms charge clients they represent in Chapter 11 cases rates comparable to those they bill in other practice areas. The new rules will impact significantly compensation rates of attorneys handling large bankruptcy cases. 
The new rule reflects a desire on the part of government to bring bankruptcy fees in line with post-recession client expectations and law firm pricing practices that are affecting other types of legal work.