Billing-Studie
am 31.05.2008 von http://www.jurabilis.de
- Discounting is common practice. 76% of all firms discount their fees versus published rates or rates they might have mentioned in an initial client conversation - with the average discount amounting to 9.9%.
- Larger firms are more likely to discount. Nearly all (89%) firms with 10 or more professionals on staff discount, versus only 59% of smaller firms.
- Service guarantees are widely used. Guarantees are offered by almost half (47%) of responding firms. The most popular guarantees allow clients to reduce their payment based on dissatisfaction with the value received.
- Standard rates vs. the actual rates differ for top-level professionals. For those firms that use a standard set of hourly billable rates for their professionals - either published or for internal use only - the median average realized hourly rate for highest-level professionals is 6% less than the standard or published rate ($400 vs. $375), and for upper-level professionals the median …
Gute Zeiten für Paralegals
Jurabilis / - Paralegal compensation in U.S. law firms and corporate law departments showed solid increases over the previous year, above the rise in the cost of living. - Paralegals working in law firms received somewhat higher increases than their law dep…
Hourly Billing Rates Continue to Rise
Jurabilis / Its a good time to be a lawyer. Billing rates for law firm attorneys jumped last year, with partners and associates raking in more dollars per hour than ever before. And at least one partner now charges $1,000, the first four-figure hourly rate re…
Linktipp: Intellectual Property Today
MarkenBlog / Intellectual Property Today™, published monthly since 1994, focuses on legal issues in patent, trademark and copyright law. Content is geared to the patent attorneys and agents, professionals and executives in firms and companies that provide prod…
American Firms Pay Premium
German American Law Journal :: American Edition / CK - Washington. An Azur overview of salaries paid associates in Germany-located law offices points to premiums paid by America-based law firms. The fall 2006 compensation table list both base and maximum salaries. There are small German firms…
Die Nestflucht der Großkanzlei-Associates: Warum und wohin?
Jurabilis / At the 250 largest law firms, the arrows are pointing up for many associate indicators. Summer internships are up. Incoming associate classes are up. Recruiting costs for both summer and first-year associates, in dollars and in partner time, are…
Gutes Geld im Support-Bereich
Jurabilis / This focus on marketing staff members is reflected in Texas Lawyers 2008 Salary and Billing Survey, which indicates that marketers are among the law firm employees who are enjoying the largest salary increases for 2008. Firms across Texas gave r…
Law Firms Owned By Private Equity Funds? (2)
Law & Justice / Last year the British government proposed that external ownership of law firms should be allowed. The bill is now expected to pass in 2007. It would allow lawyers in England and Wales to set up practices as so-called alternative business structures,…
Foreign Law Firms In China
Jurabilis / According to that small corner of the blogosphere that writes about China and the law, theres a memo circulating through Shanghai thats the talk of the town, at least among the expat legal community. In an item titled China Poised to Crack Dow…
» The Greatest American Lawyer: 2008 Report on Law Firm Billing Practices
Changing The Way Law Is Practiced.
» Fees and Pricing Benchmark Report: Law Firms & Legal Services Industry 2008 - Business Development & Sales - RainToday
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