A couple of interesting posts recently on the scourge of the business community — the billable hour — gives me the opportunity to pass along the cartoon on the left from the always-insightful Stuart M. Rees of Stu’s Views.
First, local law school blawger Luke Gilman provides a compendium of links and analysis to his comprehensive review of the state of the billable hour. Meanwhile, Peter Lattman over at the WSJ Law Blog provides this post on the breaking of the heretofore sacrosanct $1,000-an-hour billing rate, which includes local attorney Steve Susman’s classic observation that he charges in excess of a grand per hour “to discourage anyone hiring me” on an hourly basis.
Me, I continue to subscribe to the theory that I won’t charge an hourly rate that is higher than I could afford to pay if I need to hire an attorney. ;^)