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

Posted on 10/21/16 at 7:40 am to
Posted by whodatigahbait
Uptown
Member since Oct 2007
1757 posts
Posted on 10/21/16 at 7:40 am to
quote:

"Top laywers"? Yeah. That much and plenty more. Usually they're partners at places like V&E, Skadden Arps, etc. and they handle billion-dollar deals.

A decent-to-great lawyer shouldn't be more than $400/hr.



Buddy is a first year at a place in that league, New York/White Shoe. They are billing him at 550 as a first year.
Posted by Ex-Popcorn
Member since Nov 2005
2143 posts
Posted on 10/21/16 at 9:11 am to
There are plenty of firms out there made up of former big firm partners who bill at 1/2 that intentionally...there's a large market for skilled/trained former big firm lawyers at 1/2 the rate.
Posted by theOG
Member since Feb 2010
10517 posts
Posted on 10/21/16 at 3:50 pm to
quote:

They are billing him at 550 as a first year.


that is fricking ridiculous. it is a horrifying thing when you realize how little a first year lawyer knows.
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