MoFo Faces Overbilling Lawsuit Alleging ‘A Billing Feeding Frenzy’
A lawsuit filed in the U.S. District Court for the Western District of Texas against Morrison & Foerster accuses the firm of expending “an exorbitant and excessive amount of time” running up the bill for clients, reports Above the Law.
The five plaintiffs hired the firm to handle the winding down of the entities.
They allege that MoFo had 34 different timekeepers bill 669 hours at a cost of $484,321 during a two-month period.
“The complaint also says while the firm had arranged for $625,319 to be paid to its trust account, it also “unilaterally decided to pay itself from these funds—although this was never authorized. This left $170,978 in the trust account,” according to Above the Law senior editor Kathryn Rubino.
Read the Above the Law article.
