Report this comment to a moderator

Magic circle hourly rates drop by third as clients flex muscles

To the associate at Slaughters, I thought your firm's profit margins were around 50%? If so, then either you or the client (most probably both) are paying a heavy price in some way. This is not a criticism - true value is about what clients are happy to pay for the service delivered and you seem happy enough. But I don't think many other firms (if any in the UK) could operate the same model.

23-Sep-2009

0:33 am