Attorney Rate Increase & Law Firm Competition Report
A summary report outlining Legal Fee Advisors’ findings from a survey conducted on attorney rate increase requests and law firm competition for 2017.
Key Points Identified:
- Less than half of the participants of the Survey granted the rate increases requested by Outside Counsel;
- Many of the participants who received a request for a large rate increase sought to negotiate a lower amount; and
- Participants generally believe that Outside Counsel are willing to comply with Billing Guidelines.