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re: Are Top Lawyers Really Billing At $800/hr?
Posted on 10/21/16 at 4:21 pm to Wortivi22
Posted on 10/21/16 at 4:21 pm to Wortivi22
quote:
My opinion is based on if you think it will go to an actual courtroom/arbitration, or not. If this is something that will likely be settled, I would think $800/hr would be too high.
My experience is with my divorce attorney in Houston. He is very well known and because I know him personally, he cut me a "break," at $800/hr and had paperwork/filings done by a lower level attorney at his firm for $400/hr. He was worth every penny once we went to court and I would have been sorely disappointed in the lower level guy, if he was all I had in the courtroom.
Oh, and be prepared to put down a large amount up front to begin covering that hourly rate . . . an it will run out quick
Ya they're not suing me for anything and Im not suing them, yet, I had him look over my lease and basically the letter they sent me was a courtesy from the attorneys representing my landlord, that when my lease is up in 8 months they will not be renewing it. The attorney told me this is happening to lots of dealers now and basically there is a petroleum marketing practices act in place where you can't just be terminated, they have to make you a legitimate offer to buy the place first. I've been trying to buy it before but have been declined for year, so I just need an attorney to handle whatever is going to happen, I have no idea how many billable hours are required or what will come of it. I just wanted someone to let me know what will come of the letter I received. My tax attorney is the only attorney I pay on a regular basis and he's reaching out trying to find me someone else but this petroleum marketing act is such a small niche of business law that he suggests I just go forward with this guy.
Realistically I dont think you can just kick a franchisee out compensation free in any business unless they're breaking laws or something bc many times people sell businesses without owning the land. I just think here, as the attorney told me, its happening alot bc they're trying to eliminate the middle man today.
This post was edited on 10/21/16 at 4:26 pm
Posted on 10/21/16 at 6:50 pm to dabigfella
Did you ask him to give a billing estimate? You don't actually care how much time he's going to spend on this, or how much he's charging you per hour. You want to pay for a result. Now that you know is hourly, ask him how long he thinks that result will take. If that number is palatable, go for it. If not, find someone else.
Posted on 10/24/16 at 11:38 am to dabigfella
PMPA is a highly specialized act and there are a small subset of lawyers who really know it in and out. Billing rates for specialists are always higher than for generalists.
Posted on 10/24/16 at 2:26 pm to dabigfella
quote:
Ya they're not suing me for anything and Im not suing them, yet, I had him look over my lease and basically the letter they sent me was a courtesy from the attorneys representing my landlord, that when my lease is up in 8 months they will not be renewing it. The attorney told me this is happening to lots of dealers now and basically there is a petroleum marketing practices act in place where you can't just be terminated, they have to make you a legitimate offer to buy the place first. I've been trying to buy it before but have been declined for year, so I just need an attorney to handle whatever is going to happen, I have no idea how many billable hours are required or what will come of it. I just wanted someone to let me know what will come of the letter I received. My tax attorney is the only attorney I pay on a regular basis and he's reaching out trying to find me someone else but this petroleum marketing act is such a small niche of business law that he suggests I just go forward with this guy.
Just out of curiosity, does the contract you have with the Jobber run congruent with your lease? I would find it strange if they didn't, but I was just wondering.
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