A partner at the firm says it saves money. (via CNBCMakeIt)
— would arguably make it difficult for the firm to hire new employees and ultimately result in Patterson and Sheridan passing some of the additional costs onto their clients.Patterson, himself a pilot, founded the firm in 1996 and came up with the plan to commute via jet early on, after meeting with a client on the West Coast who ran a similar service.
But the firm is practical about how they use it. For instance, they sometimes lease it to other companies, Patterson says, which helps offset some of the costs. And when they use it themselves, they always try to make it a full flight. In addition to higher leasing rates, utilities hover around 10% higher in San Jose than in Houston, he adds, and San Jose health care costs are a whopping 24% more expensive.report from personal-finance website WalletHub
While it "might sound absurd" to commute on an expensive jet, when you do the math and factor in actual costs, Green says, it might be the best choice. "This strategy wouldn't work for every business, but for a law firm with critical clients that require face-to-face interaction and detail-oriented meetings, it does seem like a fiscally responsible option.
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