Gurley questions how a plaintiff with only nine shares can justify multibillion-dollar lawyer fees in Delaware case.
“So how could how could a client with nine shares lead to a multibillion dollar award to a lawyer?”
Gurley says lawyers in Delaware derivative suit against Tesla are asking for five to six billion dollars in payment.
“One one data point you you left out, which came up recently, is the lawyers that that pursued this case are asking for 5 or $6,000,000,000 in payment.”
Gurley cites research showing Delaware awards attorney fee multiples 23x to 57x more frequently than federal courts.
“in Delaware, seven times or higher is 23 times more likely than in a federal court. And 10 times or higher is 57 times or higher than in a federal court.”
Gurley reveals 55% of high-multiplier Delaware cases are assigned to just two judges including the chancellor who assigns cases.
“It turns out that in the 20 cases where you have this this super high multiplier, 55% of the cases are just two of the judges.”
Gurley cites Neil Cotchill using AI throughout Supreme Court tariff case preparation, making top lawyer run faster.
“I was just at Ted and Neil Cotchill, who is one of the most famous lawyers in the world, he just argued the case where they beat the tariff in front of the Supreme Court.”
Gurley cites Neil Cotchill using AI throughout Supreme Court tariff case preparation as example of top performers accelerating.
“Neil Cotchill, who is one of the most famous lawyers in the world, he just argued the case where they beat the tariff in front of the Supreme Court.”