Tag Archives: Typical

Typical audit fees during 2009 were approximately one-tenth of total legal fees

The NY Times, Oct. 28, 2011 at B2, reports that in 2009 audit fees averaged $569,000 per billion dollars of revenue. For U.S. companies that year, what they spent on their law department and outside counsel averaged something like $5… … Continue reading

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Typical Law School Socratic Method Question and Answer

The following was a conversation in an IP class between a professor and student at UC Davis Law School. Professor: Did the supreme court completely disavow the TSM (teaching-suggestion-motivation) test? Student: No. Professor: Why do you say that? Student: Based … Continue reading

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Typical Law Joke

A juggler, driving to his next performance, is stopped by the police. "What are these matches and lighter fluid doing in your car?" asks the cop. "I'm a juggler and I juggle flaming torches in my act." "Oh yeah?" says … Continue reading

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