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If the argument really does turn on the £1,000 per hour issue, whether or not that is reasonable, or even justifiable, must have something to do with the overheads in The City. If they are, say, £1m per partner, he would have to do 1,000 hours billable work to break even.

What I particularly object to is partners walking away with £1.6m, i e after paying their overheads, whilst at the same time sacking 180 employees. And could the work be done cheaper elsewhere, or in the case of HMG and Local Authorities, in house?

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