According to simple, economics any good and service which is available in abundance is supposed to be cheaper and more or less consistence, but in regards to attorneys this economic phenomenon fails terribly, as the expenses of hiring an attorney varies greatly from one and another, there are a few factors that justify the inconsistency in rates of the attorneys.
Why does the expense of attorney’s differ from one and another?
According to the law firms in Harrisburg pa the reasons why there is no standardization of rates when it comes to hiring attorneys, are mentioned below.
- Bundling: in simple sense, the attorneys that are hired are bound to perform a multitude of functions concerning all aspects of the suit, which includes reviewing of documents, preparing exhibits, phone calls, researching, making phone calls and writing letters etc. and they mostly charge hourly rates.
- Very high hourly rates: people often tend to hire those attorneys that are experienced and can get one’s legal issues resolved as early and neatly as possible, and thus the more experienced lawyers charge higher rates, and also on the basis of hourly pays.
- Unreasonable overhead: It can be considered as a business technique, as the top-notch law companies, try to have their offices in the posh localities, where rent is high, and they install expensive furnishing, art collections, and other show business products and other amenities, they cover the of all this by higher hourly rates.
Justification of High Rates
Being an attorney is not an easy job a lawyer’s life is full of stress, pressure and busy schedules etc. they perform a number of responsibilities for various clients at the same time and try their best to settle their clients’ legal battles, thus charging for their services is not unreasonable.
Hence based on hard work and experience, it is justified if attorneys charge hourly high rates.