Fascinating NYT story about the financial difficulties facing Media Matters. The Times reports that it “has racked up about $15 million in legal fees over the past 20 months to defend itself against lawsuits by Elon Musk, in addition to investigations by Mr. Trump’s Federal Trade Commission and Republican state attorneys general.” The story also reports on the group’s tension with its lawyers:
In early February, frustrated by what some at Media Matters saw as the high cost and slow pace of their lawyers at the influential Democratic firm Elias Law Group, the advocacy group began transitioning the X cases to different law firms. An Elias lawyer notified the group that it owed roughly $4 million.
“We understand this case has been and remains very difficult for everyone involved, as was Musk’s intention when he brought it,” Ezra Reese, the chair of Elias’s political law group, wrote in an email to Mr. Carusone and Media Matters’s lead fund-raiser, Mary Pat Bonner.
Mr. Reese offered to wipe away about half of the unpaid tally in exchange for payment of $2.25 million within about a week. If the group did not commit to the payment plan, Mr. Reese wrote, his firm would expect full payment of the original amount and would “go pens down and take steps to withdraw from the case by the end of the month.”
The ultimatum did not sit well inside Media Matters.
“You must be kidding!!” Ms. Bonner responded to Mr. Reese. “This is how you treat people who have been clients for 16 years and are friends?”
In a statement to The New York Times, Mr. Reese defended his firm’s work, noting that it helped with matters including the effort to shut down the state attorneys general investigations. “These victories,” he predicted, would help Media Matters and other organizations “stand up to politically-motivated investigations and lawsuits brought by the right wing.”