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Valeo 2023 Intellectual Property Law Firm Hourly Rate Report

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    Report

  • 758 Pages
  • September 2022
  • Region: Global
  • Valeo Partners, LLC
  • ID: 5661108

Valeo 2023 IP Law Firm Hourly Rate Report: 5-6% Rate Increase for Large Law Firms

The 2023 Intellectual Property Law Firm Hourly Rate Report is the most comprehensive and most detailed competitive intelligence and legal pricing tool available because the report details average hourly rates by individual law firms as opposed to aggregate groupings of law firms with disparate pricing structures as is found in surveys, peer services, and e-billing reports.

The report breaks down hourly rates by Firm Revenue Rankings (AMLAW 10, 50, 100, 101-200, 200, and non-AMLAW firms) and by individual law firms by overall IP rates, Copyright Litigation, Patent Litigation, Copyright Litigation, and Trade Secrets Litigation.

Most large law firms will raise their IP litigation hourly rates in 2023, according to the report. This is due to several reasons: 1) large law firms continue to consolidate thereby concentrating expertise while also reducing supply 2) Billing restrictions by Corporate Counsel are still active and in place and the most effective tool for law firms to increase revenue and profitability is the hourly rate and 3) Intellectual property is one of the most active matters in the US federal court system so opportunities will continue to grow for law firms well positioned in intellectual property.

Table of Contents

  • Executive Summary
  • Section 1: IP Hourly Rates by AMLAW Rankings
  • Section 2: IP Hourly Rates by Individual Firms and Practice Area

Samples

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Companies Mentioned

  • Akerman LLP
  • Akin Gump Strauss Hauer & Feld LLP
  • Alston & Bird LLP
  • AquaLaw PLC
  • Archer & Greiner, P.C.
  • ArentFox Schiff LLP
  • Armstrong Teasdale LLP
  • Arnall Golden Gregory LLP
  • Arnold & Porter Kaye Scholer LLP
  • Baker & Hostetler LLP
  • Baker Botts LLP
  • Baker McKenzie
  • Baker, Donelson, Bearman, Caldwell & Berkowitz, PC
  • Ballard Spahr LLP
  • Banner & Witcoff, Ltd.
  • Barnes & Thornburg LLP
  • Bass Berry & Sims PLC
  • Benesch, Friedlander, Coplan & Aronoff LLP
  • Blakely Law Group
  • Blank Rome LLP
  • Bracewell LLP
  • Bradley Arant Boult Cummings LLP
  • BraunHagey & Borden LLP
  • Bressler, Amery & Ross, P.C.
  • Brown Rudnick LLP
  • Brownstein Hyatt Farber Schreck, LLP
  • Bryan Cave Leighton Paisner LLP
  • Buchalter, APC
  • Buchanan Ingersoll & Rooney PC
  • Burr & Forman LLP
  • Butler Snow LLP
  • Carmody Torrance Sandak & Hennessey, LLP
  • Clark Hill PLC
  • Cleary Gottlieb Steen & Hamilton LLP
  • Clifford Chance LLP
  • Cline Williams Wright Johnson & Oldfather, L.L.P.
  • Cole Huber LLP
  • Cole Schotz P.C.
  • Cooley LLP
  • Covington & Burling LLP
  • Cozen O'Connor
  • Cravath, Swaine & Moore, LLP
  • Crowell & Moring LLP
  • Davis Polk & Wardwell LLP
  • Davis Wright Tremaine LLP
  • Dechert LLP
  • Dentons
  • Dentons Bingham Greenebaum LLP
  • Dentons Cohen & Grigsby, P.C.
  • Dickinson Wright PLLC
  • DLA Piper LLP (US)
  • DOAR, Inc.
  • Dorsey & Whitney LLP
  • Duane Morris LLP
  • Durie Tangri LLP
  • Dvorak Law Group, LLC
  • Eckert Seamans Cherin & Mellott, LLC
  • Faegre Drinker Biddle & Reath LLP
  • Fennemore Craig, P.C.
  • Fenwick & West LLP
  • Finnegan, Henderson, Farabow, Garrett & Dunner LLP
  • Fish & Richardson P.C.
  • Fisher & Phillips LLP
  • Foley & Lardner LLP
  • Fox Rothschild LLP
  • Frankfurt Kurnit Klein & Selz, P.C.
  • Frost Brown Todd LLC
  • Gibbons P.C.
  • Gibson, Dunn & Crutcher LLP
  • Goodwin Procter LLP
  • Gordon Rees Scully Mansukhani, LLP
  • Graves Dougherty Hearon & Moody P.C.
  • GrayRobinson, P.A.
  • Greenberg Traurig LLP
  • Greensfelder, Hemker & Gale, P.C.
  • Gunster, Yoakley & Stewart, P.A.
  • Hahn Loeser & Parks LLP
  • Hanson Bridgett LLP
  • Harness, Dickey & Pierce, P.L.C.
  • Haynes and Boone, LLP
  • Herbert Smith Freehills
  • Hodgson Russ LLP
  • Hogan Lovells LLP
  • Holland & Hart LLP
  • Holland & Knight LLP
  • Honigman LLP
  • Hughes Hubbard & Reed LLP
  • Hunton Andrews Kurth LLP
  • Husch Blackwell LLP
  • Ice Miller LLP
  • Jackson Kelly PLLC
  • Jackson Walker LLP
  • Jenner & Block LLP
  • Jones Day
  • K&L Gates LLP
  • Katten Muchin Rosenman LLP
  • Kean Miller LLP
  • Kelley Drye & Warren LLP
  • Kilpatrick Townsend & Stockton LLP
  • King & Spalding LLP
  • Kirkland & Ellis LLP
  • Klarquist Sparkman, LLP
  • Knobbe Martens
  • Kobre & Kim L.L.P.
  • Kramer Levin Naftalis & Frankel LLP
  • Kroll Inc. - Kroll Associates, Inc.
  • Kwun Bhansali Lazarus LLP
  • Latham & Watkins LLP
  • Lathrop GPM LLP
  • Leason Ellis LLP
  • LeClairRyan PLLC
  • Lewis Brisbois Bisgaard & Smith LLP
  • Lewis Rice LLC
  • Littler Mendelson P.C.
  • Loeb & Loeb LLP
  • Lowenstein Sandler PC
  • Massey & Gail LLP
  • Mayer Brown LLP
  • Maynard Cooper & Gale PC
  • McDermott Will & Emery LLP
  • McDonald Hopkins LLC
  • McGuireWoods LLP
  • Milbank LLP
  • Miles & Stockbridge P.C.
  • Miller Barondess LLP
  • Mitchell Silberberg & Knupp LLP
  • Moore & Van Allen PLLC
  • Morgan, Lewis & Bockius LLP
  • Morris, Nichols, Arsht & Tunnell LLP
  • Morrison & Foerster LLP
  • Munger, Tolles & Olson LLP
  • Nelson Mullins Broad and Cassel
  • Nelson Mullins Riley & Scarborough LLP
  • Nexsen Pruet
  • Nixon Peabody LLP
  • Norton Rose Fulbright
  • Nutter McClennen & Fish LLP
  • O'Melveny & Myers LLP
  • Offit Kurman, P.A.
  • Ogletree, Deakins, Nash, Smoak & Stewart, P.C.
  • Orrick, Herrington & Sutcliffe LLP
  • Parker Poe Adams & Bernstein LLP
  • Parsons Behle & Latimer
  • Patterson Belknap Webb & Tyler LLP
  • Paul Hastings LLP
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP
  • Perkins Coie LLP
  • Phelps Dunbar LLP
  • Pillsbury Winthrop Shaw Pittman LLP
  • Pirkey Barber PLLC
  • Polsinelli PC
  • Procopio, Cory, Hargreaves & Savitch LLP
  • Proskauer Rose LLP
  • Pryor Cashman LLP
  • Quarles & Brady LLP
  • Quinn Emanuel Urquhart & Sullivan, LLP
  • Ragsdale Liggett PLLC
  • Reed Smith LLP
  • Robins Kaplan LLP
  • Robinson & Cole LLP
  • Robinson, Bradshaw & Hinson, P.A.
  • Ropes & Gray LLP
  • Rutan & Tucker, LLP
  • Sanders Law Group
  • Saul Ewing Arnstein & Lehr LLP
  • Schulte Roth & Zabel LLP
  • Seyfarth Shaw LLP
  • Shearman & Sterling LLP
  • Sheppard, Mullin, Richter & Hampton LLP
  • Sherman & Howard L.L.C.
  • Shook, Hardy & Bacon L.L.P.
  • Shumaker, Loop & Kendrick, LLP
  • Shutts & Bowen LLP
  • Sidley Austin LLP
  • Sills Cummis & Gross P.C.
  • Simpson Thacher & Bartlett LLP
  • Skadden, Arps, Slate, Meagher & Flom LLP
  • Slaughter and May
  • Snell & Wilmer L.L.P.
  • Spencer Fane LLP
  • Squire Patton Boggs
  • Stephens Scown LLP
  • Steptoe & Johnson LLP
  • Sterne, Kessler, Goldstein & Fox P.L.L.C.
  • Stikeman Elliott LLP
  • Sullivan & Cromwell LLP
  • Susman Godfrey LLP
  • Taft Stettinius & Hollister LLP
  • Thompson Hine LLP
  • Torys, LLP
  • Troutman Pepper Hamilton Sanders LLP
  • Tucker Ellis LLP
  • Venable LLP
  • Vinson & Elkins LLP
  • Vorys, Sater, Seymour and Pease LLP
  • Waller Lansden Dortch & Davis LLP
  • Weil, Gotshal & Manges LLP
  • Wheeler Trigg O'Donnell LLP
  • White & Case LLP
  • Whiteford, Taylor & Preston L.L.P.
  • Williams, Mullen, Clark & Dobbins, P.C.
  • Willkie Farr & Gallagher LLP
  • Wilmer Cutler Pickering Hale and Dorr LLP
  • Wilson Sonsini Goodrich & Rosati, PC
  • Winston & Strawn LLP
  • Wolf, Greenfield & Sacks, P.C.
  • Wright, Finlay & Zak, LLP