Contract Parameters
NM v. Meta Preset
$400.0M
25,000 hrs
Tiered Contingency Schedule
Adjust Rates %
| Tier Range | Rate % |
|---|---|
| $0 - $100M | |
| $100M - $250M | |
| $250M - $500M | |
| > $500M |
Legal Firm Total Fee
$67.1M
Motley Rice Baseline ($400M)
Net State Public Recovery
$332.9M
83.2% of Gross Payout
Effective Hourly Rate
$2,684/hr
Based on 25,000 Billable Hrs
Effective Contingency Rate
16.78%
Blended Tiered Average
Settlement Payout & Fee Stack Curve ($10M - $1B)
Current Operating Point: $400.0M Settlement
Net Public State Recovery
Law Firm Contingency Fee
Flat 20% Comparison Line
Tier Level Breakdown Analysis
| Tier Bracket | Applicable Amount | Tier Rate | Calculated Fee |
|---|
STATE LITIGATION LEGAL FEE AUDIT BRIEF
State Jurisdiction:
New Mexico
Target Defendant:
Meta Platforms, Inc.
Retained Law Firm:
Motley Rice LLC
Gross Settlement Analyzed:
$400,000,000
Computed Firm Legal Fee:
$67,100,000
Net Public Fund Recovery:
$332,900,000
Effective Hourly Rate Equiv:
$2,684.00 / hr
Tiered Contract Savings vs Flat 20%:
$12,900,000
AUDIT RUNTIME PROOF: Ready |
Gross: $400,000,000 |
Firm Fee: $67,100,000 |
Net State: $332,900,000 |
Effective Rate: 16.78% |
Hourly Equivalent: $2,684.00/hr
Source Grounding: Based on Reuters analysis reporting that law firm Motley Rice stands to earn $67.1 million in legal fees from New Mexico for representing the state after a judge ruled Meta fostered social media addiction and platform harms.