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[Not Bob]

Originally Posted by Did you just call me Coltrane?

Having dealt with about half of the top 10 biggest law firms (litigation departments) in this country, I will never figure out why big companies choose to pay them $800+/hour. It just doesn't make any sense. I mean, more power to those firms who can convince their clients to pay that (seriously), but I'm just not seeing the value. I'm reading a complaint right now that looks like it was drafted by a 2nd year law student (or Rudy Guiliani). It's embarrassing. How does this even get filed? And I rarely see a small shop guy intimidated by BIGLAW litigators (unless it's someone famous like Dan Webb or PLF).

I have a friend from law school who used to hire outside counsel for his company. He said that it’s CYA (especially on big cases) - when Acme Industrials gets tagged for $100 million, you as the suit that decided to hire Cravath don’t have to worry about being shit-canned.