Solved on Jan 09, 2024

Find the number of associates and partners assigned to a case where the daily rate for associates is 500andforpartnersis500 and for partners is 1400, and the total daily charge to the client is $5800.

STEP 1

Assumptions
1. The daily rate for each associate is 500.<br/>2.Thedailyrateforeachpartneris500.<br />2. The daily rate for each partner is 1400.
3. The number of associates is three times the number of partners.
4. The total daily charge for the lawyers' services is $5800.

STEP 2

Let's denote the number of partners as pp and the number of associates as aa. According to the given information, we have:
a=3pa = 3p

STEP 3

We need to set up an equation that represents the total daily charge using the rates for associates and partners. The equation will be:
500a+1400p=5800500a + 1400p = 5800

STEP 4

Since we know that a=3pa = 3p, we can substitute 3p3p for aa in the equation:
500(3p)+1400p=5800500(3p) + 1400p = 5800

STEP 5

Now, distribute the 500500 across the 3p3p:
1500p+1400p=58001500p + 1400p = 5800

STEP 6

Combine like terms to simplify the equation:
2900p=58002900p = 5800

STEP 7

Divide both sides of the equation by 29002900 to solve for pp:
p=58002900p = \frac{5800}{2900}

STEP 8

Calculate the value of pp:
p=2p = 2

STEP 9

Now that we have the number of partners, we can find the number of associates by using the relationship a=3pa = 3p:
a=3×2a = 3 \times 2

STEP 10

Calculate the number of associates:
a=6a = 6
There were 6 associates assigned to the case and 2 partners assigned to the case.

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