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?
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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.