Home › Forums › Decaffeinated Coffee › Neckties › Reply To: Neckties
Joseph…………
It varies with the task.
If I do the work (senior partner) it is more expensive than if it is done by an associate or paralegal..
Most in office work for established clients is billed at $350 per hour. Trial work is generally $525 per hour (8 hour day minimums-as I have to clear my calendar and am at the beck and call of the judge).
None of this is for criminal work, which I don’t do. Some things are flat rate: adoption, divorce, wills, trusts, probate.
These rates are comparable for established (over age 50 lawyers) in my area…certainly less than NYC rates.
That said, it’s important to realize that billing rates don’t equal profit. All the overhead/expenses of the form have tgo come out of the revenue.
Many long time clients get preferential rates and we do a great deal of pro bono work as well.
I have not raised rates since 2010 and don’t expect to do so before I retire. My children who will take over the practice will decide what they’ll charge when they are the bosses.