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re: A debt 'time bomb' looms for New Orleans' downtown office market

Posted on 3/21/24 at 8:59 am to
Posted by rltiger
Metairie
Member since Oct 2004
877 posts
Posted on 3/21/24 at 8:59 am to
quote:

The funny part is law firms are 100% a company that doesn't require fancy buildings at all, but lawyers love them fricking fancy buildings.



Client's aren't hiring a law firm that has a shite office.

Perception matters.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
423961 posts
Posted on 3/21/24 at 9:02 am to
quote:

Client's aren't hiring a law firm that has a shite office.

Eh...

This reminds me of what a judge from JP once told an attorney from Jones Walker trying to ask for 6-figures in attorney's fees ("Do you paint the walls with gold at Jones Walker?").
Posted by TenWheelsForJesus
Member since Jan 2018
6662 posts
Posted on 3/21/24 at 10:36 am to
quote:

Client's aren't hiring a law firm that has a shite office.

Perception matters.


Not to me. Material things don't impress me. I've hired 3 lawyers in my life. The most expensive with the fanciest office is the one that accomplished nothing for me. Judging by his work, he spent 15 minutes on my case. The 2 with moderate offices and a single secretary did what I needed quickly. One even did excellent follow up work years later for free.

If I was looking at a huge lawsuit or serious criminal case, then maybe I'd go with the expensive lawyer. For most things, though, you will just be wasting money.

As for New Orleans, we just need to stop burning money and let the city die. Unless you clean out the ferals, it won't improve.
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