Credit: Lemonsoup14/Adobe Stock Senior Partners Approach $3,000 an Hour, As More Billing Rate Hikes Expected in 2025
About 16 Am Law 50 firms have third-year associates with rates over $1,000, but Valeo Partners project around half of the Am Law 50 to have rates of over $1,000 for this group of lawyers by 2025.
September 24, 2024 at 06:15 PM
5 minute read
Lawyer Rates and Arrangements
The original version of this story was published on The American Lawyer
Some Am Law 50 firms will increase billing rates substantially in 2025, with expectations that some senior partners will approach $3,000 an hour and more associates will bill over $1,000 an hour.
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