US EditionStanford Study Criticizes Delaware’s Chancery Court for Excessive Legal Fees
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Stanford Study Criticizes Delaware’s Chancery Court for Excessive Legal Fees
WILMINGTON, DE — A new study by Stanford professor Joseph Grundfest has placed Delaware’s renowned Chancery Court under scrutiny for what many are calling excessive attorney fee awards. The report, based on an analysis of thousands of cases, reveals that Delaware courts issue attorney fee multipliers at rates up to 57 times higher than those awarded by federal courts. Some attorneys have received hourly rates as high as $35,000, sparking critici…
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