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Case 1:20-bk-12043 Doc 632 Filed 03/03/21 Entered 03/03/21 10:58:24 Desc Main <br />Document Page 9 of 20 <br />and tasks addressed. Foley has charged its customary fees (subject to a small discount for certain <br />attorneys), which are reasonable based on the customary compensation charged by comparably <br />skilled practitioners in cases other than cases under this title. The amount sought in compensation <br />is in line with awards in similar cases and is commensurate with the professional standing, ability, <br />and expertise of Foley and the professionals and paraprofessionals who have participated in this <br />case. Accordingly, the compensation requested herein reflects the reasonable value of the services <br />Foley provided to the Committee. <br />20. Foley has been mindful of the need to avoid undue legal fees in these cases and has <br />taken all reasonable steps to provide cost-effective representation while rendering services with <br />the highest degree of skill and professionalism. Such efforts include staffing this matter leanly <br />and eliminating duplication of effort. Foley has also worked with Barber, co -counsel to the <br />Committee, to increase efficiency and avoid duplication. The blended hourly rate of Foley's <br />attorneys for the period covered by the Application is $649.61, and $638.23 when including the <br />rates of paraprofessionals. Attached hereto as Exhibit B is a list of hourly rates for the attorneys <br />and legal assistants who provided service to the Committee in these cases during the period <br />covered by this Application, and the total number of hours worked by each. <br />21. Attached hereto as Exhibit C is a listing of the fees that Foley actually charged, via <br />copies of each of the Fee Statements. Each Fee Statement contains entries corresponding to the <br />categories detailed in the Narrative Summary of Services below during the period covered by this <br />Application. In accordance with Bankruptcy Rule 2016(a), the itemized list identifies: (a) the <br />specific tasks performed; (b) the attorney or legal assistant who performed them; (c) the time <br />required to perform them; and (d) the date on which the tasks were performed. To the extent <br />possible, Foley has described each specific task and separately allocated the time attributable to <br />4812-4378-2110 1 <br />