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.