A recent American Lawyer story, “Weil’s Lehman Bankruptcy Fees Break the $300 Million Barrier” reports that Lehman Brothers filed its latest monthly operating report with the SEC this week, listing a fresh $53.1 million in fees and expenses paid to outside advisers for their work during May.  Leading the pack among all the professional service firms: lead bankruptcy counsel Weil Gotshal & Manges, which received nearly $16 million for its efforts in the Chapter 11 case.

The May billings bring Weil’s total haul in the case, which will be three years old in September, to $309.8 million.  Other firms racking up billables on the Lehman matter in May include Curtis, Mallet-Prevost, Colt & Mosle, which received another $3.6 million to bring its total fees in the case so far to nearly $31.4 million, and special Asia and domestic litigation counsel Jones Day at $2.5 million.  (Jones Day’s total Lehman fees now stand at $52.6 million.)

Milbank Tweed Hadley & McCloy billed $8.9 million in May for its work in representing Lehman's unsecured creditors committee; the firm's total fees in the case have now topped $102 million.  Quinn Emanuel Urquhart & Sullivan, counsel to creditors, billed for nearly $1.6 million in May, bringing its Lehman tab to almost $18.7 million.