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Presentations:Last update: 04/29/08 Our 15th Year
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Lawyer Rai$es the Barby Andy Soltis
© Copyright 2005 The New York Post
In the era of the $10 plus movie ticket and $3,000 a month studio apartment, it was inevitable: A top notch lawyer is charging $1,000 an hour. ...
"It's been outrageous for a while," attorney John Toothman said of the high cost of legal fees.
"The $400 an hour and $500 an hour barrier for partners was broken four or five years ago, in Manhattan, L.A. and some other places," said Toothman, president of The Devil's Advocate, a legal fee management firm. ...
The big_bucks rates may be a bit deceptive because many large firms offer discounts and relatively few clients pay the top rate.
"We call them vanity rates, the rates that firms like to show off like a new car or a trophy wife," Toothman said. "It's almost a marketing tool these days."