IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF TEXAS

DALLAS DIVISION SECURITIES AND EXCHANGE COMMISSION, § §

Plaintiff, § § v. § Case No.: 3:09-cv-0298-N

§ STANFORD INTERNATIONAL BANK, LTD., § STANFORD GROUP COMPANY, § STANFORD CAPITAL MANAGEMENT, LLC, § R. ALLEN STANFORD, JAMES M. DAVIS, and § LAURA PENDERGEST-HOLT, § § Defendants, § and § § STANFORD FINANCIAL GROUP, and § THE STANFORD FINANCIAL GROUP BLDG INC., § § Relief Defendants. § ________________________________________________§

APPENDIX IN SUPPORT OF PLAINTIFF’S RESPONSE TO RECEIVER’S MOTION TO AMEND FEE STRUCTURE AND HOLDBACK

The Securities and Exchange Commission submits the attached appendix in support of its Response to Receiver’s motion to amend fee structure and holdback. The appendix contains:

1. State Bar of Texas Department of Research & Analysis, 2009 Hourly Fact Sheet App. 0001 - App. 00021

2. Karen Sloan, Billing Blues; Continued pricing pressure from clients means firms are limited to modest yearly rate increases, The National Law Journal, December 6, 2010 App. 00022 - App. 00026

3. Karen Sloan, It’s a buyer’s market; Firms charging modestly more as clients exert control over rates, The National Law Journal, December 19, 2011 App. 00027 - App.00030

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 1 of 32 PageID 38790

March 30, 2012 Respectfully submitted,

s/ David B. Reece J. KEVIN EDMUNDSON Texas Bar No. 24044020 DAVID B. REECE Texas Bar No. 242002810 MICHAEL D. KING Texas Bar No. 24032634 D. THOMAS KELTNER Texas Bar No. 24007474

U.S. Securities and Exchange Commission Burnett Plaza, Suite 1900 801 Cherry Street, Unit #18 Fort Worth, TX 76102-6882 (817) 978-6476 (dbr) (817) 978-4927 (fax)

CERTIFICATE OF SERVICE I hereby certify that on March 30, 2012, I electronically filed the foregoing document

with the Clerk of the court for the Northern District of Texas, Dallas Division, by using the

CM/ECF system which will send notification of such filing to all CM/ECF participants and

counsel of record.

s/ David B. Reece

David B. Reece

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 2 of 32 PageID 38791

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 3 of 32 PageID 38792

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 4 of 32 PageID 38793

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 5 of 32 PageID 38794

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 6 of 32 PageID 38795

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 7 of 32 PageID 38796

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 8 of 32 PageID 38797

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 9 of 32 PageID 38798

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 10 of 32 PageID 38799

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 11 of 32 PageID 38800

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 12 of 32 PageID 38801

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 13 of 32 PageID 38802

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 14 of 32 PageID 38803

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 15 of 32 PageID 38804

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 16 of 32 PageID 38805

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 17 of 32 PageID 38806

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 18 of 32 PageID 38807

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 19 of 32 PageID 38808

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 20 of 32 PageID 38809

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 21 of 32 PageID 38810

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 22 of 32 PageID 38811

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 23 of 32 PageID 38812

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 24 of 32 PageID 38813

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 25 of 32 PageID 38814

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 26 of 32 PageID 38815

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 27 of 32 PageID 38816

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 28 of 32 PageID 38817

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 29 of 32 PageID 38818

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 30 of 32 PageID 38819

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 31 of 32 PageID 38820

Case 3:09-cv-00298-N Document 1554 Filed 03/30/12 Page 32 of 32 PageID 38821