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Big Law Attorneys

Posted on 2/9/17 at 12:37 pm
Posted by bamaphan13
Member since Jan 2011
992 posts
Posted on 2/9/17 at 12:37 pm
What do they bill per hour? I am talking top 50 firms worldwide.



Posted by AbitaFan08
Boston, MA
Member since Apr 2008
26591 posts
Posted on 2/9/17 at 12:38 pm to
Depends on where they are in the firm, just like everywhere. First year associate bills less than a partner.
Posted by Bunk Moreland
Member since Dec 2010
53449 posts
Posted on 2/9/17 at 12:39 pm to
And city.

inb4 tree fiddy
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
42508 posts
Posted on 2/9/17 at 12:40 pm to
quote:

Indentured Servants***


FIFY
Posted by Ice Cold
Over Macho Grande
Member since Jun 2004
18741 posts
Posted on 2/9/17 at 12:40 pm to
Do you even Google?
Posted by Vino24
Baton Rouge, Louisiana
Member since Mar 2016
1596 posts
Posted on 2/9/17 at 12:40 pm to
quote:

Big Law Attorney

Posted by bamaphan13
Member since Jan 2011
992 posts
Posted on 2/9/17 at 12:41 pm to
In Houston

New Associate
Associate
Partner
Above Partner?
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79235 posts
Posted on 2/9/17 at 12:41 pm to
quote:

What do they bill per hour? I am talking top 50 firms worldwide.



As stated, will depend on type of work, partner vs. associate, level of associate and office of the firm.

Top 50 firms will often have 15-20+ offices so your top partners and top offices are going to vary a lot from less significant regional offices.

But throw out some numbers and we'll tell you where we think that fits.
Posted by bamaphan13
Member since Jan 2011
992 posts
Posted on 2/9/17 at 12:43 pm to
$750 does that sound about like the market rate?

Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 2/9/17 at 12:43 pm to
(no message)
This post was edited on 2/9/17 at 12:45 pm
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
35202 posts
Posted on 2/9/17 at 12:50 pm to
Too much. Will soon be replaced by robots.
Posted by PrettyBird
Aspen
Member since Feb 2010
10359 posts
Posted on 2/9/17 at 12:51 pm to
Google will give you your best answer... and would have taken less effort than creating this post.
Posted by ELVIS U
Member since Feb 2007
9932 posts
Posted on 2/9/17 at 1:24 pm to
Depends on the experience of the attorneys and the location of the firm, but it averages in excess of $400 per hour.
Posted by Roll Tide Ravens
Birmingham, AL
Member since Nov 2015
42623 posts
Posted on 2/9/17 at 1:25 pm to
More than you actually want to know.


There are a lot of factors that go into how much they charge, and it varies between attorneys.
This post was edited on 2/9/17 at 1:26 pm
Posted by The Mick
Member since Oct 2010
43143 posts
Posted on 2/9/17 at 1:26 pm to
$500 on up
Posted by Pettifogger
Capitol Hill Autonomous Zone
Member since Feb 2012
79235 posts
Posted on 2/9/17 at 1:28 pm to
quote:

$750 does that sound about like the market rate?



We'd need the market for a market rate (and the type of law, etc.), but there are certainly plenty of partners billing at 750/hr, sure.

Above the Law had a list last year of a handful of suspected 2000/hr partners.
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 2/9/17 at 1:34 pm to
quote:

Above the Law had a list last year of a handful of suspected 2000/hr partners.

Bankruptcy judgments are a good source for this info. I've looked through one that Skadden Arps handled; it detailed all the rates of those who worked on it. Several partners were $1200+, many associates were in the $800 range.


There's also a hugely outdated PDF floating around LINK wherein we learn that New Orleans is a damn cheap city for legal work.
This post was edited on 2/9/17 at 1:36 pm
Posted by T Blair
Member since Feb 2013
409 posts
Posted on 2/9/17 at 1:34 pm to
Depends on city, firm, and position of billing attorney.
Posted by T Blair
Member since Feb 2013
409 posts
Posted on 2/9/17 at 1:36 pm to
Houston V&E can range you $500-$1000 depending on attorney.
Posted by Koach K
Member since Nov 2016
4093 posts
Posted on 2/9/17 at 1:37 pm to
Walmart level service with outrageous prices.
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