Lawyers fees for a case like that also include expenses, and this would be on the high side.
Court fees, fees for accessing case law, experts, paralegals, etc.
You pay the lawyer and a big portion of that goes towards his costs for additional labour and everything else. A lawyer grossing $2m/year isn't bringing home anything close to that.
That said $250k for a single lawyer for 6 weeks seems high.
Outrageous cartel then. For such amounts there would be plenty who would have intellectual chops to do the job, driving the price down. Legal costs are nowhere close to this outside the US.
I've only had to hire a lawyer once, and it was $2,500 to have them file a couple papers and speak to the judge once.
You're paying for their experience, just like an engineer - only it's often much higher stakes than a piece of software or product: your livelihood or freedom.
Lawyers fees for a case like that also include expenses, and this would be on the high side.
Court fees, fees for accessing case law, experts, paralegals, etc.
You pay the lawyer and a big portion of that goes towards his costs for additional labour and everything else. A lawyer grossing $2m/year isn't bringing home anything close to that.
That said $250k for a single lawyer for 6 weeks seems high.
Yes. Well they certainly bill at that rate, it goes some to the lawyer, some to rent, etc.
Outrageous cartel then. For such amounts there would be plenty who would have intellectual chops to do the job, driving the price down. Legal costs are nowhere close to this outside the US.
IP litigation is absolutely that expensive, outside the US and inside. Didn’t you just come into this conversation unaware of what IP litigators earn?
Can you imagine how litigious we'd be if legal services were cheaper?
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Have a look at this: https://ukcalculator.com/barrister-fees-calculator.html
It is for the UK but no doubt m'learned friends in the US can command even higher fees.
Try grabbing a KC for five days, civil/commercial with all the trimmings. That will set you back £105,000.
Obviously the impoverished KC won't pocket all that lolly. There is VAT to pay and staff costs and stuff.
A KC is one of these: https://kcappointments.org/ for obvious reasons they used to known as QCs
Yes. About 5-10% at a big firm earn that.
I've only had to hire a lawyer once, and it was $2,500 to have them file a couple papers and speak to the judge once.
You're paying for their experience, just like an engineer - only it's often much higher stakes than a piece of software or product: your livelihood or freedom.