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Hourly Rates in Am Law 100® Firms: Increases and Key Drivers

Outside counsel rates are a key driver of legal spend and an important source of cost control.

This report covers rate increase trends and key drivers of rates for the top 100 US law firms, including:

  • Increases in rates in 2023 compared with 2022
  • Rate benchmark data broken down by firm size, practice area, and geographical location
  • Recommendations to help in-house teams negotiate better rates and define a cost-effective resourcing strategy