The lawyers who voided Elon Musk’s $56 billion compensation as excessive on Friday sought a record a $6 billion legal fee, payable in the electric car maker’s stock.

“We recognize that the requested fee is unprecedented in terms of absolute size,” the three law firms said in a filing with the Court of Chancery in Delaware.
The fee works out to an hourly rate of $288,888, they said.

Musk blasted the request as “criminal,” posting, opens new tab on his X platform that “the lawyers who did nothing but damage Tesla want $6 billion.”

https://www.reuters.com/legal/legal-team-who-voided-musks-tesla-pay-seek-fee-worth-595-bln-2024-03-01/