Is the $6 billion legal fee in Elon Musk’s Tesla pay case reasonable?
The lawyers who successfully voided Elon Musk‘s $56 billion Tesla pay package as excessive admitted their request for a $6 billion fee is “unprecedented,” but by some measures, it might be cheap.The fee request, like Musk’s pay package targeted in the case, defies easy comparisons. A judge in Delaware in the coming weeks will be asked to decide if it is reasonable and meets various legal requirements.The fee implies an hourly rate of $288,888 for the work that each of the 37 lawyers, associates, and paralegals spent on…