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The 1/3 method is back of the napkin math and not always accurate. That said, I am being billed at 365 but make around 170k/year with a 1900 requirement.
How big is your firm? Is it plaintiff contingency?
You’re not being “billed out” at $650. That’s just an input into a lodestar calculation if your firm successfully settles a case and seeks court approval of a fee
Lol
Plaintiff contingency makes it more complicated. I would focus more on how much money youve secured for the firm
If focusing on recovery, rather than hourly rate, does the 1/3 rule still apply?