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Why are your firm’s hourly rates so much lower than other firms

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00:04
hourly rates are lower because our
00:05
overhead’s lower
00:07
uh we provide we have we have the the
00:09
capacity in-house that any large firm
00:12
would have
00:13
but we don’t spend a lot of the money
00:15
that big firms spend
00:16
we don’t look for the most expensive
00:18
office in the tallest building
00:20
we have very professional offices but
00:22
they’re they’re not as expensive as some
00:25
we don’t have multi-level staffing
00:28
we have a very lean efficient staff all
00:30
of whom have been here
00:31
many many years and probably a larger
00:34
expense we have
00:36
is that we avoid is we don’t interview
00:39
at law schools we don’t have summer
00:41
clerkship programs
00:42
we don’t have first-year lawyers that
00:45
learn on the job
00:46
with a client paying the bill so the
00:48
lawyers we have
00:49
are are experienced and have an area of
00:52
expertise when they come with the firm
00:54
there’s a result of that without having
00:56
the additional overhead that most law
00:58
firms have
01:00
because our overhead is less our early
01:02
rates are significantly less

Dallas, TX lawyer Troy Phillips explains why his firm’s hourly rates are so much lower than other firms.

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