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Met’s false economy

It always amazes me the number of condescending articles the lawyer comes out with indirectly making the assumption that the small / medium firm will not be in a position to advise such a big public entity. Its a load of twaddle - A quick look at the legal 500 will show that there are dedicated teams of experts outside of London in small or medium sized firms who are regularly involved in big ticket work and do it for a fee far cheaper than their London counter parts. Perhaps the Met's decision may start a uprising, only time will tell - but any lawyer at the mid or lower level already knows that hourly rates are on the decline or being replaced by fixed fees or predictive costs; it was only a matter of time before bigger clients started to twist the knife. The dates of maximising hourly charges per day are coming to an end and being replaced by a drive for efficiency and fixed fees. It may also explain why a lot of the firms in Bristol and Cardiff seem to be picking up some very good clients

19-Jul-2011

9:21 am