Comparing Firm Billing Rates by Practice, City, Size

, Corporate Counsel


A new analysis from CEB and TyMetrix Legal Analytics shows that law firms charged the most for finance and securities work last year, and that partner rates in New York outpaced those in any other U.S. or Canadian city by more than $100 an hour.

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What's being said

  • Avon

    The fine print often skews the entire story.
    "83 corporate clients" are the source of the entire data set for the nation's legal profession?
    And, which corporations might those be? I'm presuming they cherry-picked the 83 largest or richest corporations in America, 'cause who else would pay "small" firms of less than 50 lawyers a nationwide average of $347 an hour? (I'm in NYC and I don't know anyone who gets over $350.)

    It seems to me that if an article is going to report on a tiny, extreme slice of American legal-system reality, the reporter should say so.

  • Lewis Burton Coe

    Does anyone have any doubt about the growing inability of the average and even somewhat above average person being able to afford legal counsel whenever needed? Next question. And what does this mean for "equal protection" and the the faith of the people in the system?

    What the heck. I do mostly workers compensation. At least with a contingency system that is "little guy" oriented that's not a major problem.

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