/9918578/Banner

/9918578/Banner_2

/9918578/Mid

section

articleId

product

orgType

parrefer

accountID

Consulting

Banking

Accounting

Fintech

Internships

Rankings

Internship Rankings

Intern Resource Center

Explore Internships

Vault Law Home

Practice Area Resource Centers

Regional Resource Centers

Summer Program Resource Center

Vault Law Culture & Inclusion Survey

Vault Law

Guides

Events

Financial Services

Technology

Grad School

Work Relationships

Productivity

Diversity, Equity & Inclusion

Social Impact

Remote Work

Negotiating

Changing Jobs

Workplace Issues

Blog

Resume Samples

Cover Letter Samples

Interview Tips & Questions

A Day in the Life

International

Career Readiness

Explore Professions

Research Industries

Search Companies

Career Advice

Employers

Schools

&lt;p&gt;Irving Picard -- the lawyer who&#39;s liquidating infamous Ponzi schemer Bernie Madoff&#39;s investment firm and attempting to recover the losses incurred to Madoff&#39;s &quot;investors&quot; -- is seeking more than $43 million for four months of work on the case.&lt;/p&gt;&lt;p&gt;&lt;img style=&quot;margin: 3px 8px; float: left;&quot; title=&quot;bernie madoff and irving picard&quot; src=&quot;http://www.nydailynews.com/img/2010/07/22/450x366-alg_resize_bernard-madoff_irving-picard.jpg&quot; alt=&quot;bernie madoff and irving picard&quot; width=&quot;300&quot; height=&quot;244&quot;&gt;According to a U.S. Bankruptcy Court filing, &quot;The Madoff case took almost 955 hours of Picard&#39;s time during the period, charged at $748 an hour, and 116,399 hours of his firm&#39;s [Baker &amp;amp; Hostetler LLP&#39;s] time at $371 an hour.&quot;&lt;/p&gt;&lt;p&gt;Picard and B&amp;amp;K&#39;s latest filing brings the total fees in the Madoff case paid to the lawyer and his firm to $175.5 million.&lt;/p&gt;&lt;p&gt;Which is just about what you pull down per year when you run a Bernie-sized Ponzi scheme.&lt;/p&gt;&lt;p&gt;&amp;nbsp;&lt;/p&gt;&lt;p&gt;(Bloomberg: Madoff Trustee and His Law Firm Seek $43.2 Million for Four Months&#39; Work)&lt;/p&gt;

Derek Loosvelt

Article

Investment Banking Internships for Summer 2027 Are Open: How, When, and Where to Apply

MBA vs. CFA: Which Pays Off More for Banking and Finance Professionals?

How AI is Changing Careers in Banking and Finance

Where the Vault Fintech 100 Firms Are Headquartered

The Library