The price of a billable hour has risen by more than 10 percent in four years, as large corporate law firms focused on their most expensive work and saved clients' money elsewhere. "The question is: Is ...

According to Am Law data, firms expecting to increase rates by 7% to 9% this year are almost evenly split between the First Hundred and Second Hundred. For the full 2025 Am Law 200 report, click here.

Jan 7 (Reuters) - Strong demand across practice areas, higher billing rates and the expansion of non-equity partner tiers helped bolster law firm profits in 2024, according to a new analysis, opens ...