> Question for anyone: if justice is fair and the system works, why are some lawyers paid so much more than others? TL,DR - it's a market economy and legal fee

> Question for anyone: if justice is fair and the system works, why are some lawyers paid so much more than others? TL,DR - it's a market economy and legal fees vary due to supply and demand. Here are some of the factors that legal fees are based on, many of these are true for any professional services firm. Practice Area - Some types of expertise are rarer. Few lawyers, for example, specialize in smart contracts. Market Rates - Rates, like the cost of living, are higher in some regions. Market Position - How is the firm positioning itself? Are they trying for bottom of the market (Walmart), middle of the market (Trader Joe's), or top of the market (a boutique)? Peer Rates - What are other firms with the same market position charging for this practice area in this region? You don't want to leave money on the table or price yourself out of the market. Experience - Lawyers with more experience can charge more; there's only one David Boies[0]. Volume of Work - Customers who regularly use legal services can often negotiate a discount. [0] https://en.wikipedia.org/wiki/David_Boies https://en.wikipedia.org/wiki/David_Boies