I work in consumer debt
Unusual attorney fee request problem here.
So by industry standard even though credit card and bank loan and even medical services contracts have a fee shifting clause in their fine print, creditors never take advantage. They just want money and they want their lawyer focused on getting dollars not running up fees.
Just met a lawyer who sued on a $50000 bad loan. We answered, they filed a motion for summary judgment, we responded, they replied and they won. Now we are having a conflict over fees. Is $14000 too much for a vanilla flavor form-based consumer debt lawsuit? It seems insane to me. I mean … maybe $5000 I could explain. But $14000? What do you think? How many hours would you spend drafting a form demand letter, filing a form complaint, filing a form motion for summary judgment, and a reply?
How much would you charge for a slam dunk lawsuit the ends with a default judgement? That’s another one I looked at. They wanted $1,600.00. I would have thought less.
How far off the hourly base am I??
Edit: they are billing hourly at $350/hour for attorney and $150/hour for paralegal.