Ed. note: Welcome to our daily feature, Quote of the Day.
If there’s someone out there who bills at a higher rate than Bill and me on hourly cases, please let us know so we may raise our rates.
— Neal Manne, former managing partner at Susman Godfrey, in comments given to Reuters, concerning his and partner Bill Carmody’s hourly rates. “The process by which Bill’s and my billing rates are set each year is as mysterious as a papal conclave,” Manne said, noting that while their hourly rates are set by firm management, most of their work is completed on a contingency or fixed-fee basis.
Staci Zaretsky is the managing editor of Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Bluesky, X/Twitter, and Threads, or connect with her on LinkedIn.
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