Average law firm partner rates rose 5. Average partner rates increased by 5. The boost to partner fees crosses all law firms and practice areas except Environmental. The gap in billing rates between Large Law and other tiers continues to widen. It provides detailed insights on seven key metrics, including law firm partner fees by firm size, hourly rates by practice area, firm size, and location, and a snapshot of hourly rates in 18 countries.
Other key findings in the report include:. The CounselLink benchmarking database, a gold mine, enables us to spotlight analytics that benefit legal department performance. CounselLink delivers Work Management, Financial Management, Matter Management, Contract Lifecycle Management, and Vendor Management solutions in one easy-to-use, cloud-based platform for controlling costs, maximizing productivity, and making better decisions — all supported by powerful analytics that provides data to demonstrate legal department value across the enterprise.
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