#billing-rates

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Above the Law
1 month ago
Law

Is The Future Of Law Distributed? Lessons From The Tech Adoption Curve

Law firms prioritize long-term office space despite lawyer preference for remote work.
Increasing attorney billable rates despite evidence of a significant percentage preferring remote work.
Distributed law firms gaining momentum to cater to evolving needs of lawyers. [ more ]
Above the Law
3 months ago
Law

Last Year Was A Good Year For Biglaw Revenue

Revenue up by percentage
Increase in billing rates [ more ]
Above the Law
3 months ago
Law

In 2024, There's Nowhere For Biglaw To Go But Up

Biglaw revenue growth up 6% at year's end
Demand up 0.7% with standard billing rates at all-time high [ more ]
Above the Law
4 months ago
Law

Morning Docket: 01.19.24

Billing rates are increasing, but firms may experience higher write-offs, potentially resulting in lower profits.
S&C is profiting from cleaning up financial failures. [ more ]
Above the Law
4 months ago
Law

Dealing With The Rising Cost Of Outside Counsel

In-house respondents anticipate spreading legal work to lower cost law firms
Billing rates increased 6% across the industry last year [ more ]
Above the Law
5 months ago
Law

Morning Docket: 11.20.23

Billing rates are increasing despite overall inflation.
A lawyer pleads guilty to paying a clerk for referrals. [ more ]
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