Magic circle law firm: Difference between revisions

no edit summary
No edit summary
No edit summary
Line 1: Line 1:
An excellent issuer of [[legal opinion]]s, and one of the few international enterprises whose business model was wholly unaffected by the global financial crisis. Magic-circle [[charge-out rates]] have been steadily rising since 1985, to the point where it is now more expensive to hire a [[trainee solicitor]] for an hour than to fly to Monaco for a weekend at the ''Grand Prix''.
{{g}}An excellent issuer of [[legal opinion]]s, and one of the few international enterprises whose business model was wholly unaffected by the global financial crisis. Magic-circle [[charge-out rates]] have been steadily rising since 1985, to the point where it is now more expensive to hire a [[trainee solicitor]] for an hour than to fly to Monaco for a weekend at the ''Grand Prix''.


the best way of doing that, therefore, is to arrange for a [[magic circle law firm]] to invite you to the motor racing as part of its client entertainment programme.
The best way of doing that, therefore, is to arrange for a [[magic circle law firm]] to invite you to the motor racing as part of its client entertainment programme.


For their part, magic circle law firms are known to despair at the arms-race amongst them for client coporate entertainment, which has got to the point where they have had to jack up trainee charge out rates —  
For their part, magic circle law firms are known to despair at the arms-race amongst them for client corporate entertainment, which has got to the point where they have had to jack up trainee charge out rates —  


The rate of increase in [[charge-out rates]] has been so steady as to draw comparisons with the performance of Fairfield Sentry’s investment in Madoff. No-one tell Harry Markopolous.
The rate of increase in [[charge-out rates]] has been so steady as to draw comparisons with the performance of Fairfield Sentry’s investment in Madoff. No-one tell Harry Markopolos.


{{seealso}}
{{seealso}}