DMX says tailwinds mainly due to increasing charge-out rates,...

DMX says tailwinds mainly due to increasing charge-out rates, but is AFL saying to them that charge-out rates will increase at higher rates than inflation? That seems a little generous given to increase charge-out rates they would need to recruit more experienced lawyers, and they’re already struggling with retention. And then if we accept more experienced lawyers are going to come on board to bill at higher rates, then surely those new lawyers are going to come at a higher cost themselves, by way of salary and incentives. Or is there something I’m missing?

My sentiment is hold but I’m wondering if it’s time for a clean-out, either of leadership or of strategic plan. Maybe both.