November 23, 2011 7:03 PM
The Score: Legal Fees, Lawsuits, and Changing Leagues
Posted by Brian Baxter
Just how much is the NBA players’ union paying Boies, Schiller Flexner for its antitrust suit—now consolidated in Minnesota—against the league?
ESPN’s Dave McMenamin reported via Twitter this week that the firm’s founder, David Boies, is billing the players at an hourly rate of $1,220 per hour. (Though McMenamin didn’t provide a source for that information, The Wall Street Journal reported that as Boies’s standard hourly rate in August.)
In order to shoulder the high cost of its antitrust litigation with the NBA, the union is withholding licensing payments to players to put them aside for legal fees, according to McMenamin.
The Am Law Daily reported last week on the significance of Boies’s entry into the collective bargaining fray, including questions about a potential conflict he might have as a result of his previous representation of NFL owners earlier this year in a similar labor dispute. But Boies’s involvement on the players’ side doesn’t necessarily mean the lines of communication with management are totally closed.
As owners and
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