Helpful information from the librarians of the Barco Law Library, University of Pittsburgh School of Law.
Monday, 8 December 2008
Law firm billing survey results
The National Law Journal reports on their annual survey of large law firm billing in an article entitled "Law firm fees defy gravity". Interesting factoids: The average of this year's average firmwide billing rates, which include partner and associate rates, climbed by 4.3% to $363 per hour. Partner billing rates broke record highs this year, with one firm exceeding the $1,200 mark and another rising above $1,100 per hour. Pittsburgh-based Buchanan Ingersoll & Rooney was one of a few firms to break into 4-figure partner billing, at $1,020 per hour.
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