hourly rate for lawyers

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Flourite628
Posts: 7
Joined: Sat Dec 13, 2014 5:52 pm

hourly rate for lawyers

Postby Flourite628 » Mon Dec 22, 2014 4:20 am

Is there a fixed fee for the hourly rate? I was thinking, to combat poor job perspective or by the laws of supply and demand, wouldn't a lawyer's reducing of hourly fee attract more clients? And why are graduates unemployed if they could lower the fee an attract clients.

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jump_man
Posts: 188
Joined: Sun Apr 04, 2010 12:05 am

Re: hourly rate for lawyers

Postby jump_man » Mon Dec 22, 2014 5:03 am

The economics of the legal world are complex, and they have been discussed ad nauseam on this website.

There are, indeed, millions of Americans who are underserved with regard to legal services. Unfortunately, most public service (or public sector) jobs don't pay enough to allow law students to pay back the massive debt they incur while in law school.

You might find this NYT article informative.

dr1366
Posts: 45
Joined: Wed Oct 02, 2013 3:23 am

Re: hourly rate for lawyers

Postby dr1366 » Thu Dec 25, 2014 5:02 pm

jump_man wrote:The economics of the legal world are complex, and they have been discussed ad nauseam on this website.

There are, indeed, millions of Americans who are underserved with regard to legal services. Unfortunately, most public service (or public sector) jobs don't pay enough to allow law students to pay back the massive debt they incur while in law school.

You might find this NYT article informative.

This article is full of bogus claims, beginning with the comparison of lawyers to veterinarians.

See a response by Paul Campos here.




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