Even good legal firms have not been able to increase their rates for the past 5 years. There are simply too many firms & we keep adding to the pile every year, with decreasing demand!
This is the tip of the iceberg.
I am appalled at how easy it is for corporations to file for bankruptcy protection because they got over-extended, failed to manage their funds or there management was just corruption involved. Yet a private citizen in the same predicament or worse has to jump through hoops to do the same thing. Just shaking my head in New Jersey.
Even good legal firms have not been able to increase their rates for the past 5 years. There are simply too many firms & we keep adding to the pile every year, with decreasing demand!
This is the tip of the iceberg.
I am appalled at how easy it is for corporations to file for bankruptcy protection because they got over-extended, failed to manage their funds or there management was just corruption involved. Yet a private citizen in the same predicament or worse has to jump through hoops to do the same thing. Just shaking my head in New Jersey.