Global Law Firm Hourly Rate Report (2017 to 2020) - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "2020 Global Law Firm Hourly Rate Report" report has been added to ResearchAndMarkets.com's offering.

This report is the most comprehensive and detailed competitive intelligence and legal pricing tool available because it 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 analyzes and presents hourly rates for 2017 - 2020 by:

• Section 1: Overall Hourly Rates by Geographical Region
  • European Union
  • England
  • Asia Pacific
  • Canada
  • Latin America
  • Mexico
  • Middle East
  • Island Countries
• Section 2: Overall Rates by Region and Country (includes countries within the regions listed in Section 1 plus the non-aligned countries of Russia, Switzerland, Norway, South Africa, and Romania)
• Section 3: Overall Rates by Region, Country, and Individual Law Firm

Law firms have been resilient in the economic downturn as a result of the COVID19 crisis and will benefit once the global economy starts to recover because, like the 2008 financial crisis, law firms once again became more efficient and cost-effective reducing staff and office space and streamlining their service offerings while keeping their rates within 10-12% of Standard pricing. The main benefit for large law firms will be improved profits per Partner.

The author researches, reviews and analyzes hourly rates that are publicly disclosed of attorneys and support staff at currently 1,600 law firms representing over 12,000 client entities. Secondary public records research is performed to complete detailed engagement profiles of the attorneys and companies involved. Through this process we are able to provide actionable data to our users - mainly law firms and corporations - of the Attorney Hourly Rates Database to make 1) direct comparisons between attorneys and firms (as opposed to general averages of a collection of various firms' rates as found in surveys or e-billing services) and 2) important pricing and strategy decisions enterprise-wide or engagement-by-engagement.

In the Attorney Hourly Rates Database, all hourly rates, hours and fees for each individual attorney are cited as to the source. For example, the citation for a court filing includes: case name, case number, court, case filing date, filing number, filing description, attorney and support staff listed by full name, client name, hourly rate of each timekeeper, hours billed, total hours and the time period in which the work was performed. As mentioned, further secondary research is required to confirm experience levels (graduation and bar licensure years), bar state (in the United States), or bar country (outside of the United States), practice area(s), and primary industry of the client.

In order to provide this detailed level of clarity and transparency, the author researches 1) public records in US State Courts, US Supreme Court, US Federal Courts - District, Appellate, Federal Circuit and Bankruptcy 2) publicly available budgets from municipalities, districts (school, water, environmental and others), counties and states where attorneys were hired to perform legal work for the public entity 3) registrations such SEC records and other publicly disclosed documents and 4) government affairs fees.

Since the author researches, reviews and analyzes only publicly available information and cites the source of the information, the United States federal and state court systems easily recognize and accept the validity and veracity of the data in court. The data has been used and cited in several hundred United States federal and state court cases including the Supreme Court of the United States (Kirtsaeng v. John Wiley Publishing), Federal District Courts (The United States v. Apple), Appellate Courts including the Federal Circuit, Federal Bankruptcy (AMR Corporation, Chapter 11 bankruptcy case) and Adversary proceedings and major state courts mainly in California, Texas and New York.

Companies Mentioned

• A&L Goodbody
• Adams and Reese LLP
• Addleshaw Goddard LLP
• Adsuar Muniz Goyco Seda & Perez-Ochoa, PSC
• Advokatfirmaet Selmer DA
• Advokatfirmaet Thommessen AS
• Aird & Berlis LLP
• Akin Gump Strauss Hauer & Feld LLP
• Allen & Overy LLP
• Andante Law Group of Daniel E. Garrison, PLLC
• Appleby
• Arnold & Porter Kaye Scholer LLP
• Arnold Bloch Leibler
• Ashurst LLP
• Bailey & Glasser LLP
• Baker Botts LLP
• Baker McKenzie
• Basham, Ringe y Correa SC
• Battle, Winslow, Scott & Wiley, P.A.
• Bedell Cristin
• Bennett Jones LLP
• Blake, Cassels & Graydon LLP
• BoltNagi PC
• Bond, Schoeneck & King, PLLC
• Borden Ladner Gervais LLP
• Bracewell LLP
• Bradley Arant Boult Cummings LLP
• Bredin Prat
• Brooks, Pierce, McLendon, Humphrey & Leonard, L.L.P.
• Brown Rudnick LLP
• Bryan Cave Leighton Paisner LLP
• Buchanan Ingersoll & Rooney PC
• Bufete Ignacio Arturo Guajardo S.C.
• Bustamante, Escandon & Pareyon
• C.R. Hodge & Associates
• Cadwalader, Wickersham & Taft LLP
• Campbells
• Casillas Santiago Torres Law LLC
• Cassels Brock & Blackwell LLP
• Cervantes Sainz
• Chaitons LLP
• Chuo Sogo Law Office, P.C.
• City-Yuwa Partners
• Clark Hill Strasburger
• Cleary Gottlieb Steen & Hamilton LLP
• Clifford Chance LLP
• And Many Many More Companies!

For more information about this report visit https://www.researchandmarkets.com/r/imc66y