Ed. note: Welcome to our daily feature, Trivia Question of the Day!
According to the latest LexisNexis CounselLink report, the average partner at the 50 largest law firms (i.e., those with 750 lawyers or more) billed at a rate that was what percentage higher than the average partner at the next tier of firms (i.e., those with 501-750 lawyers)?
Hint: As noted previously, in 2022, the average partner billable rate increased by 4.5%. This is the largest annual percentage increase since CounselLink released its first report a decade ago.
How Innovative Legal Teams Are Turning AI From Promise To Practice
In recent years, AI has moved beyond speculation in the legal industry. What used to be hypothetical is now very real.
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Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.