The Delaware High Court warned Judge McCormick that massive legal fees can "turn into a windfall" and pose a significant risk during high-stakes cases.
A Tulane Law School professor stated, "While some fees are appropriate, there is a line where it's simply past what is necessary to incentivize high-risk cases."
The attorneys requested an 11 percent fee of Musk's potential stock earnings, amounting to roughly 29 million shares or nearly $6 billion in Tesla stock.
The firms argued they deserved the payment because they achieved "arguably the largest judgment in U.S. history," highlighting the unprecedented fees involved.
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