Go To Law School?


Everyone's doing better than Dick Fuld and his former employees right now. That much should be obvious. Junkies, John Devaney, Gary Busey, Team Tosca. The lawyers are are in a significantly better place. Bloomberg reports that Weill Gotshal & Manges will be charging Lehman Brothers Holdings up to $950 an hour to handle its bankruptcy, while troubled company consulting firm Alvarez & Marsal will be paid $850 per hour to serve as Lehman's chief restructuring officer. Skadden will take home nearly $1000 per hour to deal with Dick Fuld's armed robbery charges-- something about going apoplectic over not having enough cash for a Cosi turkey wrap and solving the problem by demanding the cashier give him all the money in the register-- and Paul Weiss, which specializes in prostitution-related criminal defense, will pocket a whopping $1500/hour attempting to get Fuld off for soliciting businessmen on the corner of 55th and Park.