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Headline

Magic circle hourly rates drop by third as clients flex muscles

Comment

Its supply and demand. There is less work so amount you can charge goes down. If the top lawyers are in demand they can charge a premium. Its no different to any other market, there are plenty of buyers and sellers and far as i am aware there is no cartel operating to artificially regulate prices.

Posted date

21-Sep-2009

Posted time

6:01 pm

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