Recently lawyer Elsa Ascencio @elsaasce tweeted about the Law Society fee structure. In her initial tweet she pointed out that the fees prevent her from servicing her clients.
In response, many lawyers chimed in. Jessica Prince @jesshwprince tweeted that the barristers in England and Wales have a progressive fee structure based on last year’s earnings. Lawyer Rob Kittredge @RobKittredge pointed out that the annual fees in some American states range from around $100 to $535. “Illinios: $99. Minnesota: $114-$250. NY $60-$275. California: $535. Florida: $265. Colorado: $325.”
Elsa has started a petition to change the fee structure. To learn more: click here
I agree with Elsa that the Law Society fees should be progressive. However, if the Law Society institutes a progressive fee structure, then how do we verify the accuracy of lawyers’ earnings, especially given the increase in professional corporations?
(Views expressed are my own and do not reflect the views of any organization.)