Biglaw Billing Rates Soar in Top Cities and Drive Lateral Movement.
TL;DR
According to the latest LexisNexis CounselLink report, Biglaw partner billing rates are surging in certain metropolitan areas of the U.S., with median partner billable rates climbing by higher than 5% in six major cities. While the average partner billable rate increased by 4.5% overall, these cities saw the highest percentage rate increases in 2022.
Topics:businesslegal-industry#biglaw#legal-industry#lexisnexis-counsellink#metropolitan-areas#partner-billing-rates#surging-rates
- The Cities Where Biglaw Partner Billing Rates Now Cost Even More Money Above the Law
- Hourly Rates Are Skyrocketing—and Driving Laterals: The Morning Minute Law.com
- Philadelphia's two AmLaw 200 firms fall in rankings, experience more modest growth than larger peers The Business Journals
- The Am Law 200: Biglaw's Second Hundred Blows The Competition Out Of The Water Above the Law
- Georgia Law Firms Continue to Climb Am Law 200 Rankings | Daily Report Law.com
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