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> I'd call that a 100%, red-line, sirens-blaring, system failure. "Less people are hiring us for $500/hour! What shall we do?" might not be the right question.

> I'd call that a 100%, red-line, sirens-blaring, system failure. "Less people are hiring us for $500/hour! What shall we do?" might not be the right question. "Why did anyone ever do so in the first place?" might be closer. I've heard the reason described as such: "People will pay the highest possible amount they can afford for things like doctors and lawyers because if there is a screw up they die or go to jail. When the stakes are so high you pay the most you possibly can to ensure, to the best of your ability, the best possible outcome for yourself." Atleast this line of thinking makes sense to me. If I'm ever up on trial for something that could send me to jail, you can bet I'll spend every penny I have to ensure that I'm found innocent.

hugh3 15y ago
This explains some of it. It doesn't explain why I need to pay $500 an hour (well, $300 an hour) to get a lawyer to look over the contract when I buy a house. I'm not too concerned about having the best possible lawyer in that case -- as long as I have a vaguely competent lawyer (the same way I want, say, a vaguely competent taxi driver or a vaguely competent waiter) I should be fine.
- chollida1 15y ago
  > It doesn't explain why I need to pay $500 an hour (well, $300 an hour) to get a lawyer to look over the contract when I buy a house. Agreed. I paid $75/hour to get a lawyer to do the work when we bought our house. I'm not sure why you chose to pay someone that much. Only you can answer that:) I'm Canadian, living in a large city so i don't think location factors into the lawyers fee's.