Standard Attorney Rate and Discount Report 2017

  • ID: 4189075
  • Report
  • Region: United States
  • 371 Pages
  • Valeo Partners, LLC
1 of 4
Large Firms Offer Lowest Overall Discount Since 2011

FEATURED COMPANIES

  • Adams and Reese LLP
  • Clyde & Co LLP
  • Ford & Harrison LLP
  • Irell & Manella LLP
  • Miles & Stockbridge, P.C.
  • Seyfarth Shaw LLP
  • MORE

The "Standard Attorney Rate and Discount Report 2017" details rate changes (up or down) and discounts offered by individual Firm, Position, Practice, City, Years 2011 – 2017 and Industry.  The Report has 4 Sections: 1) Overall Standard and Billed Rates and Discount by Firm Revenue Rank (AMLAW 1 – 200 and Non-AMLAW) 2) Overall Standard and Billed Rates and Discount by Practice by Revenue Rank 3) Standard and Billed Rates and Discount by Individual Firm and 4) Standard and Billed Rates and Discount by Individual Firm and Practice Area.

Large law firms typically have raised their rates the most and also discounted the most, “2 steps forward and 1 step back” strategy. This changed in 2016 and 2017 with the lowest discounting by the large law firms since 2011. Smaller firms, as measured by firms smaller than the top 200, however, had the largest discounts which indicates the difficulty they have in maintaining their rates in a competitive market, according to the report.

A word on the research and compilation methodology. The author has a research team that 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 analytical reports, including this one, to make important monetary decisions in terms of legal services offered and purchased. For this report, the author took several thousand timekeepers with both a standard rate and an actual billed rate on the same matter in the same year, calculated the discount and averaged all three numbers for each year and each Position. The report considers 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.

The author takes 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 of the author.

READ MORE
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Adams and Reese LLP
  • Clyde & Co LLP
  • Ford & Harrison LLP
  • Irell & Manella LLP
  • Miles & Stockbridge, P.C.
  • Seyfarth Shaw LLP
  • MORE

Section 1: Standard & Actual Rates and Discount by AMLAW Group
 
Section 2: Standard & Actual Rates and Discount by Individual Firm

Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • Adams and Reese LLP
  • Akerman LLP
  • Akin Gump Strauss Hauer & Feld LLP
  • Alston & Bird LLP
  • Andrews Kurth Kenyon LLP
  • Arent Fox LLP
  • Arnold & Porter Kaye Scholer LLP
  • Arnstein & Lehr, LLP
  • Baker & Hostetler LLP
  • Baker & McKenzie LLP
  • Baker Botts LLP
  • Baker, Donelson, Bearman, Caldwell & Berkowitz, PC
  • Balch & Bingham LLP
  • Ballard Spahr LLP
  • Barnes & Thornburg LLP
  • Bernstein, Shur, Sawyer & Nelson, P.A.
  • Best Best & Krieger LLP
  • Birch, Stewart, Kolasch & Birch, LLP
  • Blank Rome LLP
  • BoltNagi PC
  • Bracewell LLP
  • Bradley Arant Boult Cummings LLP
  • Briggs and Morgan PA
  • Brooks, Pierce, McLendon, Humphrey & Leonard LLP
  • Brown Rudnick LLP
  • Brownstein Hyatt Farber Schreck LLP
  • Bryan Cave LLP
  • Buchalter Nemer
  • Buchanan Ingersoll & Rooney PC
  • BuckleySandler LLP
  • Burke, Williams & Sorensen, LLP
  • Burr & Forman LLP
  • Cahill Gordon & Reindel LLP
  • Calfee, Halter & Griswold LLP
  • Carlton Fields Jorden Burt, P.A.
  • Chang, Ruthenberg & Long PC
  • Chien Yeh Law Offices
  • Choate Hall & Stewart LLP
  • Clark Hill PLC
  • Cleary Gottlieb Steen & Hamilton LLP
  • Clifford Chance LLP
  • Clyde & Co LLP
  • Coblentz Patch Duffy & Bass, LLP
  • Cole Schotz P.C.
  • Cooley LLP
  • Covington & Burling LLP
  • Cozen O'Connor
  • DLA Piper
  • Dannis Woliver Kelley
  • Davies Ward Phillips & Vinberg, LLP
  • Davis Wright Tremaine LLP
  • Day Pitney LLP
  • De Lay & Laredo
  • Debevoise & Plimpton LLP
  • Dechert LLP
  • Dentons
  • Dinsmore & Shohl LLP
  • Dorsey & Whitney LLC
  • Drinker Biddle & Reath LLP
  • Duane Morris LLP
  • Durie Tangri LLP
  • Dykema Cox Smith
  • Dykema Gossett PLLC
  • Epiq Systems
  • Faegre Baker Daniels
  • Farella Braun & Martel LLP
  • Fennemore Craig, P.C.
  • Fenwick & West LLP
  • Finnegan, Henderson, Farabow, Garrett & Dunner LLP
  • Fish & Richardson PC
  • Fisher & Phillips LLP
  • Foley & Lardner LLP
  • Ford & Harrison LLP
  • Foster Pepper PLLC
  • Fox Rothschild LLP
  • Fredrikson & Byron, P.A.
  • Freeborn & Peters LLP
  • Fried, Frank, Harris, Shriver & Jacobson LLP
  • Frost Brown Todd LLC
  • Gibbons PC
  • Gibson, Dunn & Crutcher LLP
  • Godfrey & Kahn, S.C.
  • Goodwin Procter LLP
  • Gordon Rees Scully Mansukhani, LLP
  • Goulston & Storrs PC
  • Gowling WLG
  • Graf & Pitkowitz Rechtsanwälte GmbH
  • GrayRobinson PA
  • Greenberg Traurig LLP
  • Greenspoon Marder LLP
  • Groom Law Group, Chartered
  • Hahn & Hessen LLP
  • Hamilton Stephens Steele & Martin, PLLC
  • Haynes and Boone, LLP
  • Higgs & Johnson
  • Hinshaw & Culbertson LLP
  • Hogan Lovells LLP
  • Hohmann, Taube & Summers, L.L.P.
  • Holland & Hart LLP
  • Holland & Knight LLP
  • Hueston Hennigan LLP
  • Hughes Hubbard & Reed LLP
  • Hunton & Williams LLP
  • Husch Blackwell LLP
  • Ice Miller LLP
  • Irell & Manella LLP
  • Jackson Lewis LLP
  • Jackson Walker LLP
  • Jenner & Block LLP
  • Jones Day
  • Jones Walker LLP
  • K&L Gates LLP
  • Kasowitz, Benson, Torres & Friedman LLP
  • Katten Muchin Rosenman LLP
  • Kean Miller LLP
  • Keller Rohrback L.L.P.
  • Kelley Drye & Warren LLP
  • Kerr, Russell and Weber, PLC
  • Kilpatrick Townsend & Stockton LLP
  • Kirkland & Ellis LLP
  • Kissinger & Fellman, P.C.
  • Kolesar & Leatham, Chartered
  • Kramer Levin Naftalis & Frankel LLP
  • Kutak Rock, LLP
  • Latham & Watkins LLP
  • LeClairRyan
  • Lewis Roca Rothgerber Christie LLP
  • Linklaters
  • Liskow & Lewis
  • Littler Mendelson P.C.
  • Locke Lord Edwards
  • Loeb & Loeb LLP
  • Lowenstein Sandler PC
  • Manatt, Phelps & Phillips, LLP
  • Marquis Aurbach Coffing, P.C.
  • Mayer Brown LLP
  • Maynard Cooper & Gale PC
  • McCarter & English LLP
  • McCarthy Fingar LLP
  • McCleskey Harriger Brazill & Graf, LLP
  • McDermott Will & Emery LLP
  • McGuireWoods LLP
  • McLane, Graf, Raulerson, & Middleton, Professional Association
  • Milbank, Tweed, Hadley & McCloy LLP
  • Miles & Stockbridge, P.C.
  • Miller Canfield Paddock & Stone PLC
  • Miller, Johnson, Snell & Cummiskey, P.L.C.
  • Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, P.C.
  • Mitchell Silberberg & Knupp LLP
  • Moon Wright & Houston, PLLC
  • Moore & Van Allen PLLC
  • Morgan, Lewis & Bockius LLP
  • Morris Schneider Wittstadt, LLC
  • Morris, Manning & Martin, LLP
  • Morris, Nichols, Arsht & Tunnell LLP
  • Morrison & Foerster LLP
  • Munsch Hardt Kopf & Harr, P.C.
  • Murtha Cullina LLP
  • Musick, Peeler & Garrett LLP
  • Nelson Mullins Riley & Scarborough LLP
  • Nexsen Pruet
  • Nixon Peabody LLP
  • Northen Blue LLC
  • Norton Rose Fulbright LLP
  • O'Melveny & Myers LLP
  • Ogletree, Deakins, Nash, Smoak & Stewart, P.C.
  • Orrick, Herrington & Sutcliffe LLP
  • Parker & Covert LLP
  • Parker Poe Adams & Bernstein LLP
  • Paul Hastings LLP
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • Pepper Hamilton LLP
  • Perkins Coie LLP
  • Phillips Lytle LLP
  • Pillsbury Winthrop Shaw Pittman LLP
  • Plave Koch
  • Polsinelli PC
  • Poyner Spruill LLP
  • Procopio, Cory, Hargreaves & Savitch LLP
  • Proskauer Rose LLP
  • Quinn Emanuel Urquhart & Sullivan, LLP
  • Reed Smith LLP
  • Riker Danzig Scherer Hyland & Perretti LLP
  • Robinson & Cole LLP
  • Ropes & Gray LLP
  • Rosen Bien Galvan & Grunfeld LLP
  • Sacks, Ricketts & Case LLP
  • Saul Ewing LLP
  • Scheef & Stone, L.L.P.
  • Schiff Hardin LLP
  • Schulte Roth & Zabel LLP
  • SettlePou
  • Seyfarth Shaw LLP
  • Shearman & Sterling LLP
  • Sheppard, Mullin, Richter & Hampton LLP
  • Shipman & Goodwin LLP
  • Shumaker, Loop & Kendrick, LLP
  • Sidley Austin LLP
  • Sills Cummis & Gross P.C.
  • Simpson Thacher & Bartlett LLP
  • Skadden, Arps, Slate, Meagher & Flom LLP
  • Slaughter and May
  • Snell & Wilmer LLP
  • Spotts Fain PC
  • Squire Patton Boggs
  • Steptoe & Johnson PLLC
  • Stevens & Lee
  • Stinson Leonard Street LLP
  • Stoel Rives LLP
  • Stradling Yocca Carlson & Rauth, P.C.
  • Sullivan & Cromwell LLP
  • Taylor Wessing LLP
  • Thompson & Knight LLP
  • Thompson Coburn LLP
  • Thompson Hine LLP
  • Troutman Sanders LLP
  • Venable LLP
  • Vinson & Elkins LLP
  • Volpe and Koening, P.C.
  • Waller Lansden Dortch & Davis LLP
  • Weil, Gotshal & Manges LLP
  • White & Case LLP
  • Whiteford, Taylor & Preston L.L.P.
  • Wiand Guerra King P.A.
  • Wiley Rein LLP
  • Willkie Farr & Gallagher LLP
  • Wilmer Cutler Pickering Hale and Dorr LLP
  • Winston & Strawn LLP
  • Withers Bergman LLP
  • Womble Carlyle Sandridge & Rice PLLC
  • Young Basile Hanlon & MacFarlane P.C.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
Adroll
adroll