- 56 - 28.75 hours; and (3) reduce the $50 (legal assistant) time by 1.7 hours (50% of 3.4 = 1.7), leaving 15.99 hours. The resulting amount is $55,883.30, determined as follows: [(372.92 X $140) + (28.75 X $100) + (15.99 X $50)] = ($52,208.80 + $2,875 + $799.50) = $55,883.30. b. 2002 Taking into account the $150 rate cap in effect for 2002, the Hongsermeiers claim 446.95 hours at $150 per hour, 34.4 hours at $100 per hour, and 23.11 hours at $50 per hour. Of the 48.86 hours disallowed due to missing time entries, 11.5 hours relate to $150 time, 20.8 hours relate to $100 time, and 16.56 hours relate to $50 time. Regarding the 50-percent reduction for January 2002 time deemed attributable to both the rift with the steering committee and the appeal, we have assigned 6.9 hours to client communications (Minns: 5.1 hours; legal assistant: 1.8 hours) and 2.9 hours to Irvine communications (Minns: 1.9 hours; legal assistant: 1 hour). We therefore reduce the $150 (Minns) time by an additional 3.5 hours (5.1 + 1.9 = 7; 50% of 7 = 3.5) and reduce the $50 (legal assistant) time by an additional 1.4 hours (1.8 + 1 = 2.8; 50% of 2.8 = 1.4). That leaves 431.95 hours of $150 time (446.95 - 11.5 - 3.5 = 431.95), 13.6 hours of $100 time (34.4 - 20.8 = 13.6), and 5.15 hours of $50 time (23.11 - 16.56 - 1.4 = 5.15). The resulting amount is $66,410, determined as follows: [(431.95 X $150) + (13.6 X $100) + (5.15 X $50)] = ($64,792.50 + $1,360 + $257.50) = $66,410.Page: Previous 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 Next
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