'Utterly Bewildering': GCs Struggle to Grasp Scattershot Nature of Law Firm Rate Hikes
"It's a complicated, highly fragmented industry with tens of thousands of people making different decisions every day," said Jason Winmill, legal department consultant.
October 17, 2024 at 04:09 PM
5 minute read
Lawyer Rates and ArrangementsThe original version of this story was published on Corporate Counsel
Ask a general counsel how much outside law firms are increasing their hourly rates, and you're unlikely to be told a single percentage. After all, it's hard to generalize if one firm's hike is 2%, a second's is 14% and a third's is 22%.
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