2017 CounselLink Enterprise Legal Management Trends Report

Get the insights corporate counsel can use to guide decisions and actions.

• Learn how legal market dynamics are evolving over time
• Data snapshots of SIX guiding metrics
• Contributions and analyses from expert contributors

Discover Key Legal Services Industry Metrics

Insights Based on:

BILLION

IN LEGAL SPENDING

MILLION

INVOICES

MILLION

MATTERS

“Largest 50” firms have billable rates 40% higher than the next tier of firms

See opportunities to negotiate rates based on volatility

Six matter types have very consistent rates, and thus, may be less subject to negotiations

6 major cities show partner rate growth over 3.5% YOY

Growth in partner rates varies by state, averaging 3% year-over-year

Highest partner hourly rate goes to… Mergers and Acquisitions

Three practice areas show 4% partner rate growth over the last year and over the last three years

HIGHEST
AVERAGE PARTNER

HOURLY RATE

$634

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based on the best data