When an East Coast law firm ignored a client’s suggestion and announced a nearly double-digit percentage billable hour rate hike for this year, the customer shifted some of its business elsewhere.

Major law firms have been raising prices at double-digit rates. Latham & Watkins has said its top billing rate will exceed $3 ...

Jan 7 (Reuters) - Strong demand across practice areas, higher billing rates and the expansion of non-equity partner tiers helped bolster law firm profits in 2024, according to a new analysis, opens ...

Law firm billing rates have increased across all law positions in 2022, but not necessarily enough to keep pace with inflation. That's according to new reports released this week that point to some ...

Why Do Attorneys Bill in Increments? Billing in increments is standard practice for practical reasons. Billing by the minute or just a few minutes is difficult to track and time-consuming, not to ...

Just curious.<BR><BR>I work as an IT contractor through a contracting company. I know what I am paid, I also happen to know what my "client" pays the contracting company for my services. What's in the ...