Quinn Emanuel Obamacare Fee Slashed in Half to $92 Million (1)

A federal judge cut in half Quinn Emanuel’s massive fee for work on a lawsuit by health insurers, reducing the firm’s take to $92.4 million.

The Thursday decision is a loss for the litigation firm, though it had already locked in the majority of its payment through a fee insurance policy.

Quinn Emanuel lawyers secured $3.7 billion in damages for insurers seeking Obamacare repayment in a case decided by the US Supreme Court in 2020. The firm initially was awarded $185 million in fees, or nearly 10% of Quinn’s annual gross revenue last year. A group of health insurers challenged ...