Detroit, currently facing a $380 million deficit is paying its lawyers $1,000 an hour because as Charlie Langton, a legal analyst at WWJ (A Detroit based TV Channel) explains it “that’s the going rate.”
Jones Day, the company hired by Detroit government to restructure its finances has already stacked a bill of $1.4 million according Continue reading “Detroit, Nearly Bankrupt and Paying its Lawyers $1000 an Hour”