Lawyers and paraprofessionals at Jones Day racked up an impressive $4.9 million in billings on the Chrysler Chapter 11 reorganization just in the month of June, though the firm is writing off part of that amount.
That’s according to the firm’s most recent monthly statement of services rendered and expenses incurred filed before U.S. Bankruptcy Judge Arthur J. Gonzalez in the Southern District of New York.
According to the filing, attorney fees came in at nearly $4.4 million, for about 8,880 billable hours. Paraprofessionals worked 897 hours, billed at a total of $206,728. Disbursements totaled $379,402.
But, in a related filing, Jones Day noted that the firm had written off a total of $355,656 in fees and expenses during the month of June, or 7.1 percent of the total amount sought.
One of the lead attorneys on the case, Atlanta partner Jeffrey B. Ellman, billed 294.2 hours at $725 per hour.
Among the other law firms filing statements of services and expenses for the month of June were: Schulte Roth & Zabel, special counsel for debtors, at $1.27 million in fees; Kramer Levin Naftalis & Frankel, counsel to the official committee of unsecured creditors, at $1.13 million in fees; and Freshfields Bruckhaus Deringer, special counsel for debtors, at $410,510.