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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: RealizationQ:Overall, do you expect your firm’s effective (realized) rates for <strong>20<strong>14</strong></strong> to be up, downor the same as <strong>in</strong> 2013?5.4% 29.9%64.6%0% 20% 40% 60% 80% <strong>10</strong>0%Down from 2013 Same as 2013 Up from 2013Effective Realized RateComparison by year:DOWN SAME UP<strong>20<strong>14</strong></strong> 5.4% 29.9% 64.6%2013 8.5% 24.8% 66.7%2012 2.7% 28.7% 68.6%2011 2.9% 25.2% 71.8%20<strong>10</strong> 6.0% 34.6% 59.4%An Altman Weil Flash Survey 39

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