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Don't hire a lawyer. I was working in a prosecutor's office this summer, and unless your jurisidiction is a lot different from this one, a lawyer won't be able to get you anything you wouldn't be able to get for yourself. Most likely, as was mentioned earlier, you'll be able to just talk to an ADA, and get it reduced to some sort of non-moving violation -- it's not guaranteed, from the amount you were speeding, but I think it's still likely. You'll probably pay more on the ticket, but you'll save money from not hiring a lawyer and not having your insurance go up.
And yes, at least in certain jurisdictions, going over 100 MPH is a much bigger deal. Where I was working, it got you jail time.
DISCLAIMER: I am not a lawyer, I am just a law student, and laws and practices vary from jurisdiction to jurisdiction anyway. This post is not intended to provide legal advice, so if it goes awry, please don't sue me.
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"Die Deutschen meinen, daß die Kraft sich in Härte und Grausamkeit offenbaren müsse, sie unterwerfen sich dann gerne und mit Bewunderung:[...]. Daß es Kraft giebt in der Milde und Stille, das glauben sie nicht leicht."
"The Germans believe that power must reveal itself in hardness and cruelty and then submit themselves gladly and with admiration[...]. They do not believe readily that there is power in meekness and calm."
-- Friedrich Nietzsche
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