Associate Hourly Billing Rates Surge Past $1K in US as Firms Snap Up Bankruptcy Work

Prices for prime associates at firms this sort of as Weil, Gotshal & Manges and Kirkland & Ellis are growing just as a new wave of Chapter 11 bankruptcies collect steam. A submitting shows J.Crew compensated its legal professionals at Weil close to $twelve million in the 90 days ahead of the firm submitted for individual bankruptcy this thirty day period.