- A new study shows attorneys in corporate cases in Delaware are earning as much as 66 times their hourly rate. That has prompted venture capitalists to increase calls for their businesses to incorporate elsewhere or move their corporation out of the state. In the past five years, the number of payouts that were 10 times the lawyer’s standard rate were 57 times more frequent than in federal courts.
Lawyers in Delaware corporate cases are frequently earning up to 10 times their normal hourly rate from big corporations, according to a new study from a prominent Stanford law professor—and that’s fueling calls from the venture capital community for startups and corporations to consider leaving the state.
