Wednesday, December 21, 2011
The 2011 Law Firm Billing Survey
http://ow.ly/86q6y
An article appearing on the National Law Journal, providing links to the Law Firm Billing Survey.
The article states, "For the third year in a row, law firms showed restraint with hourly rate increases, inching up at a rate only slightly higher than inflation in many cases. The average firmwide billing rate, which combines partner and associate rates, increased by 4.4 percent during 2011, according to The National Law Journal's annual Billing survey. That followed on the heels of a 2.7 percent increase in 2010 and a 2.5 percent increase in 2009 — all of which paled in comparison to the go-go, prerecession days when firms could charge between 6 and 8 percent more each year." Links to this year's survey, as well as the past two surveys are also provided in the article.
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