MPF WHITE PAPER - AW 2014 Law Firms in Transition - 10-21-14
MPF WHITE PAPER - AW 2014 Law Firms in Transition - 10-21-14
MPF WHITE PAPER - AW 2014 Law Firms in Transition - 10-21-14
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<strong>20<strong>14</strong></strong> L<strong>AW</strong> FIRMS IN TRANSITIONPric<strong>in</strong>g: <strong>20<strong>14</strong></strong> Partner Bill<strong>in</strong>g RatesQ:What is your firm’s actual or estimated change <strong>in</strong> standard hourly bill<strong>in</strong>g rates for<strong>20<strong>14</strong></strong> compared to 2013?CHANGE IN BILLING RATES – PARTNERS40%Response rate31.4%30%20.6% 23.3%20%13.9%<strong>10</strong>%3.8% 3.1%0.3%1.4% 2.1%0%DecreaseNo change1%2%3%4%Partner Bill<strong>in</strong>g Rate Change5%6%7% or moreMedian change: +3%An Altman Weil Flash Survey 36
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