Is a Blended Document Review Rate of $466 Per Hour Excessive? – eDiscovery Case Law
Is a Blended Document Review Rate of $466 Per Hour Excessive? – eDiscovery Case Law https://cloudnine.com/wp-content/themes/cloudnine/images/empty/thumbnail.jpg 150 150 CloudNine https://cloudnine.com/wp-content/themes/cloudnine/images/empty/thumbnail.jpg
Remember when we raised the question as to whether it is time to ditch the per hour model for document review? One of the cases we highlighted for perceived overbilling was ruled upon last month. In the case In re Citigroup Inc. Securities Litigation, New York District Judge Sidney H. Stein rejected as unreasonable the plaintiffs’ lead counsel’s proffered blended rate of more than $400 for contract attorneys—more than the blended rate charged for associate attorneys—most of whom were tasked with routine document review work.
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