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re: Are Top Lawyers Really Billing At $800/hr?
Posted on 10/24/16 at 11:14 am to Wortivi22
Posted on 10/24/16 at 11:14 am to Wortivi22
quote:
If this is something that will likely be settled, I would think $800/hr would be too high.
Except the $800/hour guy might very well get your $2mm claim settled for $80k in legal fees as opposed to a $400/hour guy who might take it to trial and "win" at a cost of $280k in legal fees.
Plus, don't forget the $800/hour guy isn't doing all of the grind work on the file. He has associates doing that and he's basically running strategy, hearings, meetings, etc.
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