It seems to me that lawyers have a captive market - I mean, you're not going to not hire a lawyer when you need one, yes? And with the truckload of new laws that enter the books every year, there will likely be no shortage of need anytime soon.
It seems to me this 'salary matching' is basically price-fixing, even if unintentional. If my only option is a $650 / hour lawyer or a more prestigious $750 / hour lawyer, why not pay the higher price? I mean, legal matters can be scary to those not well versed in the intricacies of the law.
It seems to me this 'salary matching' is basically price-fixing, even if unintentional. If my only option is a $650 / hour lawyer or a more prestigious $750 / hour lawyer, why not pay the higher price? I mean, legal matters can be scary to those not well versed in the intricacies of the law.