The Residential Real Estate Crash Index Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tradelite who wrote (6832)	11/14/2002 8:44:06 PM
From: Moominoid	Read Replies (2) of 306849

They would probably also then be able to work the same hours as other professionals--no night work (except at overtime pay, maybe), no weekends---no more of this 24/7 stuff that they find themselves doing when working on transactions. Clients would generally then have to get better organized themselves and stop messing around, dragging their feet or doing certain other things that would run up the hourly bill. Most lawyers seem to work very long hours. The advantage of hourly billing or a daily retainer would be that the client would drop to the correct market price pretty fast. Hourly/daily billing encourages the professional in any field to waste time of course. Lawyers also sometimes use success based fees in the US. In the UK you pay if you lose and the other side pays if you win... Different models have different incentives of course. I'm just curious why one or the other. Why do waiters get tips but shop assistants don't. Why don't waiters or anyone get serious tips in Australia David

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next