In this year’s edition of our annual survey of billing rates nationwide, we look at the continuing tug-of-war between law firms and their corporate clients over hourly billing rates, and how the slow economic recovery plays a role. Among the findings from our survey: The highest rate was $1,285, charged by a single real estate investment trust partner in Locke Lord’s Dallas office. The lowest hourly rate for associates was $130 at Cincinnati-based Dinsmore & Shohl. Plus, a nationwide sampling of law firm billing rates, and billing rates by associate class.
The best still charge the most
For high-end legal work, large law firms remain in the driver’s seat
over hourly rates.
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