Overall Demand Down for Big Law, But Rate Growth Hits All-Time High. Why? | The American Lawyer - The American Lawyer

Crisis-illustration

The overall demand for legal services dropped 5.9% from the same point last year, marking the largest drop in year-over-year quarterly demand since 2009, according to the Q2 peer monitor index from Thomson Reuters. But within that drop, the average rate billed jumped up 5.2%.

Want to continue reading?
Become a Free ALM Digital Reader.

Benefits of a Digital Membership:

• Free access to 3 articles* every 30 days
• Access to the entire ALM network of websites
• Unlimited access to the ALM suite of newsletters
• Build custom alerts on any search topic of your choosing
• Search by a wide range of topics

*May exclude premium content
Already have an account? Sign In Now

Let's block ads! (Why?)

"all" - Google News
August 11, 2020 at 03:19AM
https://ift.tt/2XNfEnj

Overall Demand Down for Big Law, But Rate Growth Hits All-Time High. Why? | The American Lawyer - The American Lawyer
"all" - Google News
https://ift.tt/2vcMBhz


Bagikan Berita Ini