Law companies in the primary fifty percent of 2024 pushed in the optimum billing price increases lately, legal marketplace analysts say, as quite possibly the most elite legislation corporations capitalized on the truth that lawful departments have been likely to hire them for make-or-split matters Practically regardless of Value.
Average common billing rates rose 8.eight% in the very first 6 months, in accordance with the Wells Fargo Legal Specialty Team. The Am Regulation 50 hiked costs ten%, although the next fifty and Second one hundred increased them 7%.
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