Hourly Rates Rocket Greater, as Elite Corporations Leverage Pricing Ability

Law companies in the primary fifty percent of 2024 pushed through the best billing fee raises recently, authorized industry analysts say, as the most elite legislation firms capitalized on the truth that lawful departments have been going to hire them for make-or-split issues Virtually regardless of Value.

Average common billing fees rose 8.8% in the main six months, based on the Wells Fargo Lawful Specialty Group. The Am Legislation fifty hiked prices ten%, while the next fifty and Next 100 enhanced them seven%.

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