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NALFA to Conduct Hourly Rate Surveys in 5 Key Practice Areas

January 14, 2020 | Posted in : Billing Rate Survey, Fee Data / Analytics, Hourly Rates / Hourly Billing, NALFA News

NALFA conducts custom hourly rate surveys for clients such as law firms, corporate legal departments, and government agencies.  Our surveys provide the most accurate and current hourly rate ranges within a given geography and practice area. 

Starting this year, NALFA will be conducting hourly rate surveys in the nation’s 16 largest legal markets in 5 key practice areas.  These billing rate surveys will show the current average hourly rate range for both plaintiffs’ and defense counsel at partner and associate levels.  These hourly rate surveys will be conducted via email in early 2020. 

The surveys results will generate a collection of data points including the statistical variance between plaintiffs' and defense rates in a given practice area and geography, the statistical variance between partner and associate rates in a given practice area and geography, and the statistical variance of hourly rates among law firm size, just to name three data collection categories.  "This survey data may be the nation's first and only quantitative hourly rate data of its kind," said Terry Jesse, NALFA Executive Director.

The survey results will be available to survey participants and members of the NALFA network at no cost.  The following hourly rate surveys will be available to others for purchase:

The 2020 Class Action Hourly Rate Survey

The 2020 Litigation Hourly Rate Survey

The 2020 IP Litigation Hourly Rate Survey

The 2020 Insurance Coverage Hourly Rate Survey

The 2020 Chapter 11 Bankruptcy Hourly Rate Survey