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Corporate law firms

Webber Wentzel are designing what appears to be a beautiful building at a prime intersection – that of Rivonia Road and Katherine Street.  It is opposite the American Embassy and of course Sandton City and it is just a reminder that corporate firms practice in almost a different universe to smaller firms.  

I cannot imagine what the land (and building on it that was knocked down) at that location cost, let alone the building they are erecting which looks extremely impressive.  I use corporate attorneys for some of my own matters and when I see buildings like this I understand exactly why they also charge so much more than my own firm!  Ultimately of course, clients pay for what they get and big JSE listed firms with head offices and most of their senior staff working in Sandton, want to consult with their attorneys in Sandton and that is going to come at a cost, compared to shipping out, for example, to Vereeniging where the attorneys would be able, if they moved there, to render the same services at far less cost.  It has always fascinated me that people on the one hand do not want to visit their attorneys’ office in downtown Johannesburg and find staff sitting on broken chairs and using computers from 10 years ago and on the other hand, later complain about the higher fees that ends up going with the fancier offices and the extra service in terms of, for example, driving clients around to appointments.  It would make sense to me that everybody would understand that everything has a price to it and the more the background expenses are, the higher the fees will have to be for any business to then run at a profit.

Posted by Michael de Broglio on Friday 21-Feb-14 Share on Facebook   Tweet It

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Comments

  said:
on Friday 21-Feb-14 03:41 PM
The convenience of having your law firm right on your doorstep will, of course, come at a higher cost. Especially if you, yourself, is situated in the heart of a place like Sandton. Somehow I doubt that the head of a corporation with an office in Sandton will complain about the fees considering the fact that they are full aware of the costs of being there in the first place.

  said:
on Friday 21-Feb-14 02:50 PM
Looks like quite a building to say the least! I have a friend or two that works there, and they definitely work very long hours, so I guess they have covering their over heads.

Kaylee  said:
on Friday 21-Feb-14 02:48 PM
Looks like quite a building to say the least! I have a friend or two that works there, and they definitely work very long hours, so I

Jade  said:
on Friday 21-Feb-14 01:50 PM
I have a good friend who works at Webber Wentzel and she traveled to Paris last year to argue at the ICC. They are definitely not short of funds or big clients.

Caron  said:
on Friday 21-Feb-14 01:24 PM
As professionals attorneys bear the brunt of complaints about fees charged in comparison to other professionals, such as doctors and auditors.

Sorea  said:
on Friday 21-Feb-14 11:45 AM
Yup, the overheads have to be paid for by somebody.

Safia   said:
on Friday 21-Feb-14 11:42 AM
People often tend to be hypocritical,they complain about fees and taxes but rip off their own domestic workers and gardeners by underpaying them.

Zelda   said:
on Friday 21-Feb-14 09:38 AM
i find it reasonable that the firms charge you more if they can offer you more. I mean you can't go to a fancy restaurant and expect to pay like you would at McDonalds...

Juliet  said:
on Friday 21-Feb-14 08:57 AM
Perhaps the idea that attorneys shouldn't charge fees stems from the Roman attorneys who would settle matters for their clients without expecting a fee but rather the intellectual triumph of their win was sufficient.

Elektra  said:
on Friday 21-Feb-14 08:56 AM
The higher the extravagance the higher the price. (Its just logic) But looking forward to seeing the end result of the Building.

Liesl   said:
on Friday 21-Feb-14 08:52 AM
Quite a few years ago I went for an interview at a corporate law firm. They had reception areas designated to different smaller reception areas. While you wait they had a serving trolley for their guests with cake, biscuits, various finger snacks etc. Coffee, tea, distilled water or a variety of juices to choose from. I remember while I was waiting one of their client's walked in, he looked around admiring the fancy building with all its bells and whistles then turned to me and said obviously this is why I am charged so much.

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Johannesburg based attorney specializing in personal injury matters including Road Accident Fund claims and medical negligence matters. My interests include golf, reading and the internet and the way it is constantly developing. I have a passion for life and a desire for less stress!
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