X Corp’s complaint includes exhibits that reveal the “STRICTLY CONFIDENTIAL” billing rates of more than 60 Wachtell timekeepers in 2022 – an info dump that strikes me as perhaps superfluous but nonetheless fascinating.
The exhibits show that of counsel Leo Strine Jr – former chief justice of the Delaware Supreme Court – topped out Wachtell’s billing on the case at $2,000 an hour. Litigation partner Jeffrey Winter charged $1,950 an hour, litigation department co-chair William Savitt $1,850, corporate partner Benjamin Roth $1,650, litigation partner Sarah Eddy $1,600 – the list goes on.
As for associates, those who earned a J.D. in 2020 billed $725 an hour last year. Rates went up $100 per hour per class year after that.
Source: Musk’s X Corp lawsuit offers a peek into Wachtell’s riches | Reuters
