Some mornings are just nice to wake up to. Confirmation of bias is an underappreciated source of joy. I relish any piece of information that reinforces my preconceptions. Four stories making the rounds have reminded me how right I am that:
1. Price is what you pay. Value is what you get (hat tip to Warren Buffet).
2. The billable hour model creates perverse incentives in aligning price and value.
3. The problem with incentives is that they work even for lawyers.
4. Despite their expertise, many lawyers spend their billable time on mind-numbing busywork, only some of which is actually necessary.
