Law firm news by topic » Finance

Billing rates up for US partners and associates

Jul 17, 2013 The billing rates for US partners increased by 3.1 percent to $536 in 2012, compared to a 4 percent increase in 2011. Similarly, average associate rates increased 7.4 percent to $370 in 2012, down from 8.5 percent growth…

more »

DLA promotes 34 to partnership

May 8, 2013 DLA Piper has promoted 34 lawyers to the firm’s partnership globally, down 40 per cent from the 58 promotions made last year. Broken down by practice area, the litigation and…

more »

US law firms call for more capital contributions

Feb 28, 2013 The American Lawyer has pointed out that law firms are increasingly relying on capital contributions from partners in an effort to decrease reliance on bank debt. After surveying financing data from 20 law firms, the…

more »