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  2. Attorney's fee - Wikipedia

    en.wikipedia.org/wiki/Attorney's_fee

    Perhaps the most widely followed set of rates are what is called the Laffey Matrix available from the United States Attorney's Office for the District of Columbia. These have been available since 1982 and are updated annually. Hourly rates are shown by years of experience. For June 1, 2006, to May 31, 2007, the rates are as follows: 20+ years ...

  3. Big Law Should Raise Partner Billing Rates 10+ Percent Now - AOL

    www.aol.com/news/big-law-raise-partner-billing...

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  4. List of largest law firms by profits per partner - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_law_firms...

    This is a list of global law firms ranked by profits per equity partner (PPEP) in 2021. [1] Firms marked with "(verein)" are structured as a Swiss association. These are estimates and equity partners can make vastly different salaries inside the same firm. [2]

  5. Legal auditing - Wikipedia

    en.wikipedia.org/wiki/Legal_auditing

    According to the California State Bar, most lawyers who block-bill their time inflate each client bill by 10-30 percent, and at the average national billing rate of $661 per hour (as of April 2012) that means that most big-firm lawyers overcharge clients anywhere from $150,000 to $400,000 each year. [3] According to global e-billing standards ...

  6. AI won't kill the billable hour in the legal world — it'll ...

    www.aol.com/ai-wont-kill-billable-hour-103302800...

    James Gatto, a partner at Sheppard Mullin who co-leads the firm's AI industry team of about 100 attorneys, said that the billable hour isn't going anywhere for higher-level work, but that there ...

  7. List of largest law firms by revenue - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_law_firms...

    Rank Firm Revenue (US$) Lawyers Revenue per lawyer (US$) Profit per partner (US$) [2] Country with the most lawyers; 1: Kirkland & Ellis: $6,042,000,000 3,025

  8. Legal Bill Review - Wikipedia

    en.wikipedia.org/wiki/Legal_Bill_Review

    Legal Bill Review (LBR) refers to process of reviewing and analyzing legal bills against any billing guidelines, service level agreements, applicable laws and other generally accepted standards. LBR plays a vital role in litigation spend management through the review and analysis of law firm invoices.

  9. Partner (business rank) - Wikipedia

    en.wikipedia.org/wiki/Partner_(business_rank)

    A 2012 survey by Major, Lindsey & Africa found that law firm partners' average annual compensation [where?] was $681,000 ($896,000 for equity partners, $335,000 for non-equity partners) and tended to go up based on number of years in the partnership: [2]

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