Price changes from '21 to '25: 🥛 Milk: +21% 🍞 Bread: +23% 🔌 Electricity: +29% 🧑⚖️ Am Law 50 billing rates: +34% 📈 Celebrity lawyer Alex Spiro's hourly rate, according to new court filings: +88% I'm putting sources/notes in the comments. Full details in Business Insider: https://lnkd.in/ehbEviBg
Attorneys are in their own world of billing. There’s never any logic to it. You can’t compare them to the normal cost of living increases. It’s like hospitals that charge $500 for an aspirin. They’re in their own world of logic.
Correspondent at Business Insider
1dCommodity price increases: BLS, March '21 - March '25 https://www.bls.gov/charts/consumer-price-index/consumer-price-index-average-price-data.htm Am Law 50 increases: Wells Fargo legal specialty group (compounded whole-year increases, '21 through '24) (Thanks Desari Mueller) Spiro's rate increases: you'll have to read the story for that