There are many firsts that the modern lawyer has chalked up – the blackberry drafting, the class action fee-hauls – but now there’s a new frontier, financial of course . . the $1000-an-hour fee. The WSJ reports.
The hourly rates of the country’s top lawyers are increasingly coming with something new — a comma. A few attorneys crossed into $1,000-per-hour billing before this year, but recent moves to the four-figure mark in New York, which sets trends for legal markets around the country, are seen as a significant turning point. On Sept. […]