Sometimes we eat our own words - Pencader spends $55,000 on Legal Fees in just 2 Months

SAUL EWING LLP LEGAL SERVICES 8/1/2012 $236.00
SAUL EWING LLP LEGAL SERVICES 8/1/2012 $22.50
SAUL EWING LLP LEGAL SERVICES 8/1/2012 $490.00
SAUL EWING LLP LEGAL SERVICES 8/14/2012 $5,348.50
SAUL EWING LLP LEGAL SERVICES 8/14/2012 $855.50
SAUL EWING LLP LEGAL SERVICES 8/14/2012 $3,093.00
SAUL EWING LLP LEGAL SERVICES 8/14/2012 $519.50
SAUL EWING LLP LEGAL SERVICES 8/14/2012 $11,849.00
SAUL EWING LLP LEGAL SERVICES 8/14/2012 $1,003.75
SAUL EWING LLP LEGAL SERVICES 8/14/2012 $593.50
SAUL EWING LLP LEGAL SERVICES 8/14/2012 $4,495.40

YOUNG CONAWAY STARGATT & TAYLOR LLP	LEGAL SERVICES	8/28/2012	$11,725.20
YOUNG CONAWAY STARGATT & TAYLOR LLP	LEGAL SERVICES	8/28/2012	$281.60
YOUNG CONAWAY STARGATT & TAYLOR LLP	LEGAL SERVICES	9/28/2012	$14,221.70
YOUNG CONAWAY STARGATT & TAYLOR LLP	LEGAL SERVICES	9/28/2012	$805.00
YOUNG CONAWAY STARGATT & TAYLOR LLP	LEGAL SERVICES	9/28/2012	$35.00

Grand Total - a hair over $55,000 in two months. I don't know what Pencader budgeted for in the way of legal fees; however, I am concerned that $55,000 is excessive for a small school and as such what impact will this have on the classrooms?

Just food for thought...