Lawyers and billable hours

Physicians should switch to a billable hours system. Lawyers are now breaking the $1,000 per hour mark, while physicians are taking it hard with an impending 10% Medicare fee cut next year.

Here’s what a trial lawyer says about breaking the $1K per hour barrier:

“Frankly, it’s a little hard to think about anyone who doesn’t save lives being worth this much money,” says David Boies, one of the nation’s best-known trial lawyers, at the Armonk, N.Y., office of Boies, Schiller & Flexner LLP.