Ed. Note: Welcome to our daily feature Trivia Question of the Day!
According to Wells Fargo’s Legal Specialty Group, in the first quarter of 2024, how much were average standard billing rates up year-over-year?
How Time Tracking And Passive Tracking Tools Are Helping Law Firms Capture More Revenue
Discover how passive time-tracking tools help law firms boost revenue, reduce billing errors, and save time—featuring insights from the 2025 MyCase Legal Industry Report.
Hint: The Am Law ranking (by revenue), tracks the size of firms’ rate increases. The Am Law 50 is leading the way with higher rate increases, with firms 51-100 and the Second Hundred increasing prices, but at a less steep rate.
See the answer on the next page.