I see that GM is using Jenner & Block [[Chicago firm) and Davis Polk [[NYC firm) to do IPO work. Are they using any Detroit based firms as well? If not, why aren't they using more local firms? Certainly, the rates among local firms would probably provide significant savings to GM and the taxpayers and our local law firms are highly capable of doing this level of work [[I think Honigman worked on GM's bankruptcy).

http://www.law.com/jsp/article.jsp?i...ral_Motors_IPO