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Message
re: A debt 'time bomb' looms for New Orleans' downtown office market
Posted on 3/21/24 at 8:59 am to SlowFlowPro
Posted on 3/21/24 at 8:59 am to SlowFlowPro
quote:
The funny part is law firms are 100% a company that doesn't require fancy buildings at all, but lawyers love them fricking fancy buildings.
Client's aren't hiring a law firm that has a shite office.
Perception matters.
Posted on 3/21/24 at 9:02 am to rltiger
quote:
Client's aren't hiring a law firm that has a shite office.
Eh...
This reminds me of what a judge from JP once told an attorney from Jones Walker trying to ask for 6-figures in attorney's fees ("Do you paint the walls with gold at Jones Walker?").
Posted on 3/21/24 at 10:36 am to rltiger
quote:
Client's aren't hiring a law firm that has a shite office.
Perception matters.
Not to me. Material things don't impress me. I've hired 3 lawyers in my life. The most expensive with the fanciest office is the one that accomplished nothing for me. Judging by his work, he spent 15 minutes on my case. The 2 with moderate offices and a single secretary did what I needed quickly. One even did excellent follow up work years later for free.
If I was looking at a huge lawsuit or serious criminal case, then maybe I'd go with the expensive lawyer. For most things, though, you will just be wasting money.
As for New Orleans, we just need to stop burning money and let the city die. Unless you clean out the ferals, it won't improve.
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