'The 2017 Mexico Rate Report' is the most comprehensive analysis of the Individual Attorney billing rates of Mexico's largest Law Firms and non-Mexican Firms (mainly US and Vereins) doing business there from 2012 - 2017.
Despite the oil & gas industry decline in the last 24 months, Attorney Hourly Rates are expected to remain flat, increase, or moderately increase in 2017-2018 due mainly to the fairly diverse Mexican economy, ranked number 15 by the OECD which will translate into significant Litigation, Corporate and Trade legal work according to the Report.
The Report has 5 Sections:
1) Rates by Individual Firm 2012 - 2017
2) Rates by Practice Area
3) Rates by City
4) Rates by Industry
5) Relative Rate Rankings by Firm (Highest Rates to Lowest Rates)
Research and Compilation Methodology:
Our research team identifies hourly rates that are publicly disclosed. About 2,000 hourly rates per week of Attorneys and Support Staff for over 1,200 Law Firms globally are added to the database. Further research is required to “connect the dots” by adding detailed Attorney Profile information and linking the legal work performed to specific Clients and Client Industries. Through this process we are able to provide actionable data to users - Law Firms and Corporate Counsel - of the Attorney Hourly Rates and our Analytical Reports, including this one, to make important monetary decisions in terms of legal services offered and purchased.
In terms of the Report, not all timekeepers will appear in every year so sometimes average rates may vary; in this case the trend line and averages over the 2012 - 2016 period are the best indicators. In the event that we have no rates for a given field (Year or Position), an algorithm is used to estimate a rate or rates.
In Section 5, The Relative Rate Rankings Section, we calculated the average Partner hourly rate from 2014 - 2016 for each Firm. We consider Senior Partners to be ones with 25+ years of experiencing (Law School Graduation Year of 1989 or sooner), Partners with 24 years or less experience and Senior Associates with 5 years or more experience. Of course, those experience levels may vary by Firm but seem to work for both Large Law Firms and Middle-Market ones.
For the Relative Rate Rankings in Section 2, we took the average of all timekeeper positions in 2015 and 2017. For the relative Deal Rankings, we took the total values of the deal, when present.
We take no responsibility for the information obtained from public or private sources in compiling this Report or for the errors and omissions of its Research staff. This Report is for internal purposes only. Any other use by the purchaser of this Report, for example use in any Court or Mediation or in the Media, is prohibited except with the prior written consent from us.
1. Rates by Individual Firm
2. Rates by Practice Area
3. Rates by City
4. Rates by Industry
- Baker & McKenzie LLP
- Basham, Ringe y Correa SC
- Bryan Gonzalez Vargas & Gonzalez Baz
- Bufete Ignacio Arturo Guajardo S.C.
- Bustamante, Escandon & Pareyon
- Cervantes Sainz
- Creel, Garcia-Cuellar, Aiza y Enriquez
- DLA Piper
- Galicia Abogados, S.C.
- Gonzalez Calvillo, S.C.
- Greenberg Traurig LLP
- Haynes and Boone, LLP
- Hogan Lovells LLP
- Jones Day
- Lexcorp Abogados, S.C.
- Oscos Abogados
- Rubio Villegas & Asociados Abogados, Inc.
- Sanchez DeVanny Eseverri, S.C.
- Santamarina y Steta, S.C.
- Santos-Elizondo-Cantu-Rivera-Gonzalez-de la Garza-Mendoza, S.C.
- Thompson & Knight LLP
- White & Case LLP