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Dallas, TX lawyer Troy Phillips explains why his firm’s hourly rates are so much lower than other firms. He explains that the firm’s hourly rates are lower due to reduced overhead. While the firm possesses the same in-house capabilities as larger firms, it avoids the high costs associated with them. Their offices are professional but not excessively expensive, and their staffing structure is lean and efficient, with long-tenured employees.
Unlike many large firms, they do not recruit from law schools, run summer clerkship programs, or employ first-year lawyers who learn on the job at the client’s expense. All lawyers at the firm are experienced and bring expertise to their roles from day one. This combination of seasoned attorneys and lower operational costs allows the firm to offer competitive hourly rates without compromising service quality.
