What are the current trends in law firm billing rates and their impact on clients and firms?
In 2025, senior partner hourly rates at elite U.S. firms are nearing $3,000, and associates are increasingly billing $1,000+ per hour. This accelerates client demand for AFAs, tighter budgets, and more rate negotiation while boosting firm revenue and talent costs. This article covers current rate trends and their impacts on clients and law firms. The […]
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