Likelihood of Success

Or just some bad lobster?  Bruce McEwen asks, apropos “BigLaw” — the major law firms whose profitability and hourly rates seem always to be immune from economic reality:

If the US Treasury is a major stockholder in major financial institutions, how will that change the dynamic of how premium-level legal services are bought and sold? Not to be facetious about it, but how would you feel to be called before Barney Frank to justify your $950/hour rates?

Not facetious at all.