Why are some defense attorneys so expensive?
Willie Nelson has a great answer to a similar question: Why is divorce so expensive?
Because it’s worth it.
Several decades ago, my friend was the best criminal defense attorney in Orlando–charging $15,000 down on a misdemeanor. In today’s dollars, that would be $43,447. Yikes.
Who throws around that kind of money on a misdemeanor?
And, who has the balls to charge that much for a misdemeanor?
That being said, a Hermes Birka bag will set you back $65,000. Yes, a purse for $65,000. If you were to try to go buy one now–you can’t. Sorry to get your hopes up. As the story goes, Hermes pretends to be sold out even though the store always has a couple new Birka bags in the back. Hermes purse pricing strategy is similar to my friend’s pricing strategy–except that my friend was worth every penny.
Ok, back to my very expensive defense attorney friend. He “had it all.” A house in Windermere? Check. An expensive boat? Check. An airplane? Check. No, he wasn’t secretly some closet personal injury lawyer (that’s where all the money is–for those of you who know anything about criminal defense work, this isn’t a get-rich-quick scheme).
So, after years of commanding top dollar, my friend’s fees dropped dramatically.
A first time misdemeanor DUI that may have cost $20,000 was now running $7,500. And a year later, that same first time DUI fee plunged to $2,500. I’ve been charging about $2,500 for a first time DUI for over 15 years, go figure…. Continue Reading