They need to be able to have 5 months where they can clear the calendars and just work on that. It's still a lot for 5 months, but I imagine there's a lot of downtime too. Are they getting 5+ months every year?
Yeah. Having a job seems like it could keep you from regularly being able to stop everything for 5 months of high paid work. Maybe the money is enough from the few months that they're fine with it (and maybe it's easy for them to get a new job after or go back somewhere they've worked before). I'm genuinely curious. It seems like a lot to make for 5 months, but what do their earnings look like over a 5 or 10 year period?
Is that what they make or what they BILL. IT, Admin staff, paralegal, Jr lawyers, building, pro Bono and other marketing activities etc. It's paid for somehow.
The discussion was whether billing over $800/hr was "ridiculous." It's actually common for credentialed professionals who are at the very top of very specific fields.