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关于法林 |
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公司新闻 |
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美国律师的小时收费情况变化 |
2013-03-26 |
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Editor's note: Hourly rates in a time of moderation
We live in a time of moderation, where client pushback has eliminated automatic 6 percent to 8 percent annual rate hikes and now holds lawyers to modest rate increases.
As our cover story by contributing writer Mary Helen Martin makes clear, law firms are turning toward technology to manage billing, increase profitability and improve collection rates and turnarounds.
Drat.
Having worked on the Daily Report's annual Going Rate project since 2005
when it was not uncommon for lawyers to bump their rates by $75 or $80 in a year—I'd really hoped by now to find a $1,000 per hour biller in Atlanta. Sigh. Not this year.
The top Atlanta biller we found this year, at $925 an hour, was L. Wayne Pressgrove Jr., an energy partner at King & Spalding. He also is new to our database.
Right behind him this year is Alston & Bird bankruptcy partner Dennis Connolly, with a 2012 rate of $875. Last year Connolly tied as Going Rate's top biller with a 2011 hourly rate of $825. This year, we found 19 Atlantans who charged between $715 and $925, compared with nine last year.
The 2011 average rate among the 122 Atlanta partners and senior counsel we found was $482, up about $20 from 2011. The average in 2012 was $484.
The average among the 80 Atlanta associates we found this year was $310, compared with $311 in 2011 and $313 in 2010.
Nationally, we found an average $671 among 122 partners and senior counsel, compared with $661 in 2011 and $639 in 2010. The average nationally among associates and staff attorneys in our database was $431, down from $445 last year and $439 in 2010.
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