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Consultants between £350 and A£625 per hour. Associates between A£270 and A£575 per hour. Trainee Solicitors between A£180 and A£280 per hour. Paralegals between A£130 and A£160 per hour.
If an attorney bills hourly and they take an hour to give a free consultation, then that is one hour they aren't working on a current (read: paying) client's case. In that way, it actually costs attorneys money to give a free consultation. One way of mitigating that is to charge a consultation fee.
The firm said it increased rates in October 2019, and associates are billing from $595 to $1,050 per hour. Partners and counsels are billing from $1,100 to $1,695 per hour. Kirkland revealed associate rates as high as $1,125 per hour in a bankruptcy filing for Barney's New York.
It's not a myth. As the Chicago Tribune notes, the median work week for a lawyer is 50 hours, but over 40 percent of corporate attorneys work 60 hours a week or more. Many lawyers brag about how overworked they are as a sort of badge of honor. After all, a busy lawyer is a successful lawyer is a happy lawyer.