2020 CounselLink Enterprise Legal Management Trends Report
Discover what’s changed in the corporate counsel world
Partner rates rise more than 4% in 5 major cities
Three major cities’ growth rate falls below 3%
Rise of Alternative Fee Arrangements continues in commodity-type work
Insurance
Finance, Loans & Investment
IP-Trademark
Employment and Labor
Mergers & Acquisitions also increasing use of AFAs
“Largest 50” firms increase their share of high-rate work
more than
60%
60%
Largest firms invoice more than 60% of work in M&A; Corporate, General, Tax; and Finance, Loans & Investments


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