A recent AM Law Daily report, “Facebook Lists $2.6 Million in Legal Fees Ahead of Friday IPO,” reports that when Facebook lists legal fees and expenses related to its hotly anticipated IPO at $2.6 million, according to a company filing with the SEC on Tuesday.  The estimated fees are a rough approximation and not a precise tabulation of invoices related to the myriad legal costs in bringing a company public. 

Fenwick & West chairman Gordon Davidson and securities group co-chair Jeffrey Vetter are leading a team from the firm representing Facebook, while Simpson Thacher & Bartlett corporate partners William Hinman Jr. and Daniel Webb in Palo Alto are advising underwriters on the IPO led by Morgan Stanley, Goldman Sachs, Bank of America/Merrill Lynch, Barclays Capital, and JPMorgan Chase.

Fenwick represented the company on its April acquisition of photo-sharing service Instagram for $1 billion, as well as on its $550 million purchase of what had been AOL patent portfolio from Microsoft late last month.  In previous years, Fenwick also handled Facebook’s purchase of London-based mobile application developer Snaptu and a $200 million investment in Facebook by Russia’s Digital Sky Technologies.