March 1990 - Is That a Reasonable Fee?
This is from a hearing before the Texas Railroad Commission. It comes from Jack Balagia, Jr.
of Austin (McGinnis, Lochridge, etc): he explains that An Unnamed
Austin Lawyer is testifying in support of the reasonableness of the
hourly rates being charged by his firm - which were to be passed through
to the customers by the gas utility his firm was representing:
Q. [T]he client is charged for those fees (of the law firm in this Commission proceeding)?
A. That's correct.
Q. And he is also paying for those fees rather than the rate-payers. Is that not true?
A. That is correct.
Q. All right, I notice here Mr. [Name Partner] only charges $130 an
hour. In fact, you are the only one I see that is charging $500 an hour.
A. Well, Mr. [Name Partner] - that's all that I see here that Mr.
[Name Partner] charged on that, but that is not his hourly rate, and I
don't know how that happened to be that low because that is not -
Q. Do you think he took compassion on the ratepayers?
A. I have no idea how it happened. Normally in my business - I'm not involved in the compassion business. We charge by the hour