Does your lawyer charge you an arm and a leg? Do you feel like you are getting the short end of the stick every time you talk to your attorney, as if he or she is holding you out for ransom, even hiding the law from you so you have to pay them more? Do you think it is a giant conspiracy at the ABA American Bar Association and the consumer, small business, or client just cannot win? If so, you may be interested in learning the reality behind it all.
So, let's start from a free-market theory; something is only worth what someone will pay for it, and supply and demand determines the price in free markets. Thus, much of the lawyers pricing has to do with value and perception of value by you the consumer, customer, or client. There are three main items that dictate the perception of value of lawyers, practicing lawyers, which are actually working for you, not necessarily politicians which happen to have law degrees:
Bankruptcy Lawyer Tampa, Bankruptcy Lawyer Fees, Credit Card Bankruptcy,
Quality of Service Quality of Work Market Going Rates
Now then, if you hire a lawyer that is expensive you assume that their quality of work is excellent, as in that is a given, but beware because that is not necessarily so. But since it is assumed, that means it is a perception. Thus, by charging more this gives the illusion of quality, since "you get what you pay for" is a common theme in capitalism and if it costs more, it must be good.
Next, let's talk about the quality of service, this is where many attorneys fall down, many very good attorneys spend a good deal of money on quality of work, but the customer wants respect, caring, and to be sure you understand their needs, so to clients this is key, the key to success in fact.
Lastly, the going rates of attorneys in the industry, or competition seems to play a significant part. In certain professions, attorneys get a lot more than in others. For instance, entertainment law, labor law, or criminal law, and where generally bankruptcy law, estate planning law, and small business lawyers do not make as much. I hope this clears up a few things for you, but I will always love Caesar myself.
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