Credit: amnaj/Adobe Stock As Law Firms Push Aggressive Rate Increases, Clients Have Room to Negotiate
Some rate increases last year were "shocking at the high end," according to a new rate report, noting about 15% of Am Law 100 firms increased their rates between 10% and 20%.
February 15, 2023 at 09:00 AM
5 minute read
Legal Services
The Am Law 100 showed wide disparity in billing rate increases last year, depending on the law firm and the practice area, from hiking up rates by more than 20% to almost no increases.
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