Since 2018, law firm partners have billed more hours to corporate legal departments than associates. The rift expanded in 2020, as partner billing jumped 5% to encompass 38% of average CLD billing ...
AI is dismantling the associate pyramid, reshaping partner profits, cash flow, and law firm valuation. Why leverage is now a ...
The average rate increase in 2024 marks the second highest since the Trends Report first began in 2013. LexisNexis CounselLink looked at legal invoices to determine the rate of change for both partner ...
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