May 12th in Billable Hour, Clients, Legal Quotes, Money by Editor .
Legal Quote: Damn Those Awkward Clients
Why can’t they just accept a fee without complaining…?
Hours schmawers. Who’s counting anyway?
I wrote a letter for a client that saved the client $4 million. It took me about five hours. I thought $25,000 was a reasonable fee. The client’s response was: How many hours did it take?
– A law firm partner posing a question to the speakers at a recent panel discussion on law firm/client relationships.(From Above The Law)
May 17, 2010
$5,000 per hour. Not bad. I think lawyers sometimes they forget they are supposed to charge by the hour and not by percentage of the deal value. Yea right.