Discover Key Legal Services Industry Metrics

2018 CounselLink Enterprise Legal Management Trends Report
Get insights corporate counsel can use to guide decisions and actions

  • Learn how legal market dynamics are evolving over time
  • Highlights from SIX guiding metrics
  • Contributions and analyses from expert contributors

Discover Key Legal Services Industry Metrics

Insights Based on:

BILLION

IN LEGAL SPENDING

BILLION

IN LEGAL SPENDING

MILLION

MATTERS

MILLION

INVOICES

MILLION

INVOICES

“Largest 50” firms have billable rates 45% higher than the next tier of firms

Discover opportunities to negotiate rates based on volatility

Seven matter types have very consistent rates, and thus, may be less subject to negotiations

5 major cities show partner rate growth over 4.0% or more YOY

Growth in average partner rates varies by state, averaging 3.2% year-over-year

Rate growth is increasing 3.0%

Highest partner hourly rate goes to… Mergers and Acquisitions

Two other practice areas also show growth at or exceeding a 4% rate over previous three years

HIGHEST PARTNER

HOURLY RATE

$678

“Largest 50” firms responsible for 68% of billings generated by M & A

“Largest 50” firms responsible for 68% of billings generated by M & A

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