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Indeed! There's an entire industry of litigation consulting that exists often for this very purpose. Lawyers and consultants made about $6 billion in revenues o
by z2 4y ago
Indeed! There's an entire industry of litigation consulting that exists often for this very purpose. Lawyers and consultants made about $6 billion in revenues over the course of Lehman Brothers' decade-long fallout and unwinding all of the liabilities. The same industry probably made a similar amount on the opposing side as well, representing the debtholders. Very complicated and tedious work, and thus it gets rewarded.