Law360 (Link to Full Article, Sub. Req.) Owing in part to a substantial volume of smaller-sized matters, attorney billing rates for labor and employment work, in comparison to other practice areas, tend to be relatively even across large and small firms, according to a new study.
Senior partners at large firms — those with more than 400 attorneys — charge on average $210 more per hour than do their counterparts at small firms with fewer than 150 attorneys, according to the new Billing Rate Reference 2014 report by BTI Consulting Group Inc. and Law360. Meanwhile, senior labor and employment partners at midsize firms, with 150 to 399 attorneys, charge on average only $29 more per hour than their counterparts at small firms.