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NALFA in the News: Cited as Industry Source on Attorney Fee Awards

July 18, 2012 | Posted in : NALFA News

A recent Thomson Reuters News story, “Analysis: Lawyers Eye Payday in Record Credit Card Settlement,” cited the National Association of Legal Fee Analysis (NALFA) as the leading authority on attorney fee awards.  NALFA was asked to provide statistics on the largest attorney fee awards in U.S. history. 

The largest single attorneys' fee award to date was $688 million, doled out in 2008 in the Enron case.  In second and third place was $492 million in fees resulting from Tyco litigation and about $336 million in fees in the WorldCom case. 

This is the second time NALFA has been cited by Thomson Reuters. In 2011, NALFA was quoted on a news story concerning legislation on fee objectors in New York.  See “NALFA in News: Quoted As Industry Source in Reuters News”