Global Law Firm Hourly Rates Report 2023: Average Rates by

Dublin, Oct. 03, 2022 (GLOBE NEWSWIRE) — The Valeo 2023 Law Firm Hourly Rate Report has been added to from ResearchAndMarkets.com offer.

Most major law firms will increase their hourly rates in 2023

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

This is due to several reasons:

1) large law firms continue to consolidate, concentrating expertise while reducing supply
2) Billing restrictions imposed by in-house 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) Most large law firms are very diverse in terms of practice areas and industry strength and can withstand changes in the economic landscape better than smaller law firms that have fewer practice areas and more limited geographical footprints.

Main topics covered:

  • Summary
  • Section 1: Average tariffs by income group
  • Section-2: Average tariffs per sole proprietorship

Companies cited: partial list

  • Akin Gump Strauss Hauer & Feld LLP
  • Arnold & Porter Kaye Scholer LLP
  • Alston & Bird LLP
  • Akerman LLP
  • Arent Fox LLP
  • Allen Matkins Leck Gamble Mallory & Natsis LLP
  • Appleby
  • AquaLaw PLC
  • Archer & Greiner, CP
  • Arrieta, Mantille and Associates
  • Atkinson, Andelson, Loya, Ruud and Romo
  • Baker McKenzie
  • Brown Rudnick LLP
  • Buchalter, APC
  • Burr & Forman LLP
  • Butler Snow srl
  • Benesch, Friedlander, Coplan & Aronoff LLP
  • Buckley LLP
  • Babst, Calland, Clements and Zomnir, PC
  • Bailey & Glasser LLP
  • Bailey & Wyant LLC
  • Baker Sterchi Cowden & Rice LLC
  • Baker, Keener & Nahra, LLP
  • Balch & Bingham LLP
  • Banner & Witcoff, Ltd.
  • Bass Berry & Sims API
  • Bates White LLC
  • Boutin Jones Inc.
  • Bowles Rice LLP
  • Bowman and Brooke LLP
  • Braun Hagey & Borden LLP
  • Bressler, Amery & Ross, PC
  • Brigard Urrutia Abogados SAS
  • Brown, LLC
  • Burke, Williams & Sorensen, LLP
  • Butler Weihmuller Katz Craig LLP
  • Butzel Long PC
  • Cooley LLP
  • Covington & Burling LLP
  • Carney Badley Spellman, PS
  • Carruthers & Roth, Pennsylvania
  • Carter Ledyard & Milburn LLP
  • Chaffe McCall, LLP
  • Chambliss, Bahner & Stophel, CP
  • Clark Hill Strasbourg
  • Clyde & Co LLP
  • Coblentz Patch Duffy & Bass, LLP
  • Colantuono, Highsmith & Whatley, CP
  • Conyers Dill & Pearman Limited
  • Cranfill Sumner LLP
  • Crowe & Dunlevy, APC
  • Curtis, Mallet-Prevost, Colt & Mosle LLP
  • Deloitte Touche Tohmatsu Limited
  • Demarest Advogados
  • Denton
  • Dentons Bingham Greenebaum LLP
  • Dentons Cohen & Grigsby, PC
  • Dentons Durham Jones Pinegar PC
  • Dentons Rodyk & Davidson
  • Derrevere Stevens Black & Cozad
  • Devaney Pate Morris & Cameron, LLP
  • EP Bud Kirk Law
  • landjustice
  • Egoscue Law Group, Inc.
  • Elkins, PLC
  • Ellenoff Grossman & Schole LLP
  • Ellis & Winters LLP
  • Ellison Schneider Harris & Donlan LLP
  • Epiq Systems, Inc. – Corporate Restructuring Epiq, LLC
  • Ernst & Young Global Limited
  • Evershed Sutherland
  • Require Partners, LLC
  • Fish & Richardson PC
  • Finnegan, Henderson, Farabow, Garrett & Dunner LLP
  • Foley Hoag LLP
  • Fisher & Phillips LLP
  • Frost Brown Todd LLC
  • Fisher Broyles, LLP
  • Farella Braun & Martel LLP
  • Farley & Graves, CP
  • Fasken
  • Fennemore Craig, PC
  • Filarsky & Watt LLP
  • Fisher Rushmer, Pennsylvania
  • PC Gibbons
  • Gilbert Law Group, PA
  • Gilbert LLP
  • Glaser Weil Fink Howard Avchen & Shapiro LLP
  • Godfrey & Kahn, South Carolina
  • Goodmans, LLP
  • Grant Thornton LLP
  • Graves Dougherty Hearon and Moody PC
  • Graydon Head & Ritchey LLP
  • Greehan, Taves & Pandak, PLLC
  • Greenberg Costle, CP
  • Hahn Loeser & Parks LLP
  • Hall, Render, Killian, Heath & Lyman, PC
  • Hamilton Stephens Steele & Martin, LLC
  • Hamilton, Miller & Birthisel, LLP
  • Harness, Dickey & Pierce, PLC
  • Hartline Dacus Barger Dreyer LLP
  • Hawkins Delafield & Wood LLP
  • Hayward SARL
  • Hedrick Gardner Kincheloe & Garofalo, LLP
  • Herbert Smith’s Freehills
  • Ivey, McClellan, Siegmund, Brumbaugh & McDonough, LLP
  • Jones Day
  • Jackson Lewis CP
  • Jenner & Block LLP
  • Jackson Walker LLP
  • Jackson Kelly LLC
  • January law firm, SARL
  • Jarvis, Fay & Gibson, LLP
  • Jeffer Mangels Butler & Mitchell LLP
  • Jeffrey Leavell, SC
  • Johnson & Mulroony, PC
  • Jones Walker LLP
  • Kirkland & Ellis LLP
  • King & Spalding LLP
  • K&L Gates LLP
  • Katten Muchin Rosenman LLP
  • Killeen & Stern, CP
  • Kirton McConkiePC
  • Klarquist Sparkman, LLP
  • Kohrman Jackson and Krantz
  • Kolesar & Leatham, accredited
  • Koley Jessen PC, LLO
  • KPMG International Limited
  • Krigel and Krigel, CP
  • Lamson Dugan & Murray LLP
  • Lane PowellPC
  • Lashly & Baer, ​​CP
  • Law Office of Dean P. Sperling
  • Leason Ellis LLP
  • LeClairRyan LLC
  • Leech Tishman Fuscaldo & Lampl, LLC
  • Lewis Rice LLC
  • Liebert Cassidy Whitmore
  • Lightfoot, Franklin & White LLC
  • Goodwine PC looper
  • Lozano Smith
  • Morgan, Lewis & Bockius LLP
  • McGinnis Lochridge LLP
  • McGlinchey Stafford LLC
  • McKinsey Recovery & Transformation Services US, LLC (subsidiary of McKinsey & Company, Inc.)
  • McKool Smith, PC
  • Morris, Nichols, Arsht & Tunnell LLP
  • Motley Rice LLC
  • Murphy Austin Adams Schoenfeld LLP
  • Musick, Peeler & Garrett LLP
  • Norton Rose Fulbright
  • Nelson Mullins Riley & Scarborough LLP
  • Nixon Peabody LLP
  • Neal, Gerber & Eisenberg LLP
  • Nelson Mullins Broad and Cassel
  • Newmeyer Dillion
  • Nexsen Pruet
  • Polsinelli PC
  • Patterson Belknap Webb & Tyler LLP
  • Pryor Cashman LLP
  • Phelps Dunbar LLP
  • Porter, Wright, Morris & Arthur LLP
  • Procopio, Cory, Hargreaves & Savitch LLP
  • Pachulski Stang Ziehl & Jones LLP
  • Pansing Hogan Ernst & Bachman LLP
  • Parker Poe Adams & Bernstein LLP
  • Quirk & Quirk, LLC
  • Strings and Grays LLP
  • Reed Smith LLP
  • Robins Kaplan LLP
  • Remy Moose Manley, LLP
  • Rhoades McKeePC
  • Richards Carrington, LLC
  • Richards, Layton & Finger, Pennsylvania
  • Richards, Watson & Gershon, APC
  • Riemer & Braunstein LLP
  • Riker Danzig Scherer Hyland & Perretti LLP
  • Robinson, Bradshaw and Hinson, Pennsylvania
  • Roetzel & Andress, APL
  • Ryan Whaley Coldiron Jantzen Peters & Webber
  • Skadden, Arps, Slate, Meagher & Flom LLP
  • Sidley Austin LLP
  • Snell & Wilmer LLP
  • Susman Godfrey LLP
  • Stinson LLP
  • Stroock & Stroock & Lavan LLP
  • Stoel Rives LLP
  • Saul Ewing Arnstein & Lehr LLP
  • Shutts & Bowen LLP
  • Spencer Fane LLP
  • Schiff Hardin LLP
  • Shumaker, Loop & Kendrick, LLP
  • Sullivan & Worcester LLP
  • SAC Avocats LLP
  • Saltzman & Johnson Law Firm
  • Sanders Bajwa LLP
  • Shute, Mihaly & Weinberger LLP
  • Thresholds Cummis & Gross PC
  • Sirot & Permutt, CP
  • Solomon Ward Seidenwurm & Smith, LLP
  • Somach Simmons & Dunn
  • Spilman Thomas & Battle, LLC
  • Stearns Weaver Miller Weissler Alhadeff & Sitterson, Pennsylvania
  • Steptoe & Johnson LLC
  • Sterne, Kessler, Goldstein & Fox LLC
  • Stikeman Elliott LLP
  • Stites & Harbison, SARL
  • Stoll Keenon Ogden LLC
  • Straddling Yocca Carlson & Rauth, PC
  • Troutman Pepper Hamilton Sanders LLP
  • Thompson Ostler and Olsen
  • Tiffany & Bosco PA
  • Torys, LLP
  • Traurig Law LLC
  • Trenam Law
  • Tucker Arensberg, PC
  • Turner Boyd
  • Ulmer & Bern LLP
  • Vinson & Elkins LLP
  • Venable LLP
  • Vorys, Sater, Seymour and Pease LLP
  • Van Ness Feldman, PC
  • Varnum LLP
  • Verrill Dana LLP
  • Williams & Connolly LLP
  • Wilson Elser Moskowitz Edelman & Dicker LLP
  • Winstead PC
  • Wiley Kidney LLP
  • Walkers
  • Williams, Mullen, Clark & ​​Dobbins, PC
  • Warner Norcross & Judd LLP
  • Wagner Kirkman Blaine Klomparens & Youmans, LLP
  • Wagner Zemming Christensen, LLP
  • Waldrep Wall Babcock & Bailey SARL
  • Waller Lansden Dortch & Davis LLP
  • Walsh Pizzi O’Reilly Falanga LLP
  • Ward and Smith, Pennsylvania
  • Watson Burns, LLC
  • Wilkinson Barker Knauer, LLP
  • Willcox & Savage, CP
  • Wolf, Greenfield & Sacks, PC
  • Wollmuth Maher & Deutsch LLP
  • Wood Smith Henning & Berman LLP
  • Wright, Finlay & Zak, LLP
  • Wyrick Robbins Yates & Ponton LLP
  • Zimmer Kunz GmbH
  • Zuckerman Spaeder LLP

For more information about this report visit https://www.researchandmarkets.com/r/19nwpj


        

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