(Credit: Dilok/Adobe Stock) Top Big Law Partners Are Earning More Than $2,400 Per Hour, as Rates Continue to Climb
Dechert has hiked its rates for a top partner by 20%, while McDermott is charging top partners out at $2,590 hourly, according to recent bankruptcy court filings.
January 10, 2024 at 05:00 AM
3 minute read
Lawyer Rates and Arrangements
In September, a committee of unsecured creditors hired Dechert to represent them in the bankruptcy of Benitago Group, an Amazon e-commerce business acquirer. At most, Dechert would charge them $2,000 per hour, according to an employment application in the U.S. Bankruptcy Court for the Southern District of New York.
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