Charge-out rate: Difference between revisions

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 And yet this rising line will continue inevitably, inexorably and without variation, regardless of market condition, geopolitical angst, or the softness of the labour or investment market, until the very [[end of days]].
-You see the same immutable line that the [[charge-out rate]] follows in two other natural environments:
+You see the same immutable line that the [[charge-out rate]] follows in one other natural environment:  the financial performance of someone who is up to no good: a [[Madoff|Ponzi scheme]], for example, or an insider trader — and here the [[Apocalypse]] may happen at any time, and will be personal to those at whose expense the scheme is being perpetrated.
-A ''malign'' version, in the financial performance of someone who is up to no good: a [[Madoff|Ponzi scheme]], for example, or an insider trader — and here the [[Apocalypse]] may happen at any time, and will be personal to those at whose expense the scheme is being perpetrated; and
-A ''benign'' version — benign, at least, as far as our [[Private practice lawyer|learned friends]] are concerned — that describes the growth and development of [[charge-out rate]]s and, more generally, of ''revenue'' through time in a [[magic circle law firm]].
 Here the “[[apocalypse]]” really means the ultimate limit of [[space-time]] however that might happen to be described (if at all) under prevailing cosmological theory, for the inevitability in the growth of [[Magic circle law firm|magic circle]] revenues and [[charge-out rate]]s is one of the most persistent and predictable phenomena in the known universe.
-Every other indicator will have its ups and downs: dotcoms will boom, unicorns will bust, credit bubbles will burst, hedge-funds implode — but the hourly rate of the equity partner of a global law firm will constantly, happily, and irresistibly rise. It is a wonder why no-one is trying to harness it as an exhaustible source of clean, renewable energy.
+Every other indicator will have its ups and downs: dotcoms will boom, unicorns will bust, credit bubbles will burst, [[hedge fund]]s [[Archegos|implode]] — but the hourly rate of the equity partner of a global law firm will constantly, happily, and irresistibly rise. It is a wonder why no-one is trying to harness it as an exhaustible source of clean, renewable energy.
 A bit too much hot-air and methane, I suppose.