The Lehman Brothers Bill: $641.9 Million and Counting

The Lehman Brothers estate submitted an updated accounting Friday of fees it has paid bankruptcy advisers through the end of January. The tab stands at $641.9 million and could well reach the $1 billion mark, according to Bloomberg and the estate's SEC filing. Fifteen law firms -- not including the estate's fee examiner -- have billed Lehman $310,791,000 since it filed for bankruptcy on Sept. 15, 2008. Weil Gotshal, Lehman's lead debtor counsel, leads the way among the law firms, billing an average of $300,000 per day.