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re: Are Top Lawyers Really Billing At $800/hr?

Posted on 10/20/16 at 5:26 pm to
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 10/20/16 at 5:26 pm to
This isn't a huge deal or anything, its just basically now bc margins are crumbling in the o&g industry, alot of the jobbers are trying to take back leased premises they've been leasing recently to cut out the middle man. I own 5 stores, well 4 with the land and 1 I lease bc they have been unwilling to sell the property bc its a high traffic location worth well over its appraisal. So they sent me a notice yesterday that when my lease is over in 8 months it will be terminated but I spoke with this attorney and he'd gotten calls from other dealers recently and alot are dealing with the same issue bc the jobbers are trying to kick them out but bc of the petroleum marketing practices act they cant just kick them out...but no not a $1B deal or anything but I need someone to represent my interests thats all and make sure I get a buyout or attempt to buy the property or whatever we can come to a resolution over. I just didnt know the going rate to handle such a matter.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 10/21/16 at 7:00 am to
There are good lawyers out there in the $350-400 range. You don't need the $800-1200 range...in fact they probably don't handle matters like yours...they tend to be corporate/transactional.
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