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As to Rates

Ta meeting of the Executive Committee of the League held at the LaSalle Hotel in Chicago on the 5th and 6th of January, it was resolved that a campaign begin at once to commit the League to an increase in fee rates to fifteen per cent on the first three hundred with a proportionate increase on all amounts in excess thereof. In my view the League should not commit itself to a schedule less than the following:

15% on the first $300.00.

10% on the next $700.00.

5% on excess of $1000.00.

Claims under $10.00 50% with a minimum suit fee of $7.50.

It is my hope that at the next convention the League will officially adopt such schedule. The fact is that for fifty years past collection rates have not been sufficiently remunerative. Due to the increased cost of living and the increased expenses of conducting the modern law office by way of increased rents, increased salaries to employees and the increased cost of supplies and other equipment, a crying demand is being generally made for increased compensation. In the event that the above schedule should be generally adopted by list publishers and forwarders, it would mean increased service to the jobber and manufacturer; it would place the practice of commercial law upon a higher plane and result in a more uniform service throughout the country in that it would have a tendency to put a stop to the adoption of local bar rates providing for various schedules, many of them much higher than above sug, gested and with no unanimity as to the amount. In my opinion the low schedule on which business has been conducted for these many years has by reason of the increased cost of living and expenses been responsible to a large extent for the adoption of these various local bar rates. In the event that an increased schedule is not generally adopted by list publishers and forwarders and the old schedules are adhered to, it will mean that the better class of commercial lawyers will withdraw from the field and confine their activities to other branches of the law, and in my view would result in inefficient service to the jobber, manufacturer and forwarder in general.

E. G. McGILTON.

MAY 1 0 1923

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