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> Now they can say to firms, “Sorry, we aren’t shelling out hundreds of dollars a day for a junior person’s time.”'

They could always say this. The senior person’s time then just has to go up.

Not a lawyer, but I have done consulting work and have quoted absurd numbers when folks wanted my time versus letting me manage my team. Occasionally they took it. Everyone wound up happy.

Packing senior at $1k and juniors lower per hour just often sells better than $10+ k per hour, even if the net result is similar.



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