Weil Gotshal's Lehman fees reach $127m

Weil, Gotshal & Manges has billed Lehman Brothers $127.1 million in fees and expenses for its role as lead debtors' counsel. According to a new bankruptcy report Lehman has paid legal counsel and financial advisers nearly $533.5m since entering Chapter 11 in September 2008. Nine other law firms have also billed the bankrupt investment bank for $41 million in fees and expenses.