Firm Survey To Give GCs Insight Into Billable Hour

Law360, New York (May 26, 2010, 6:40 PM EDT) -- An analysis of more than 3,400 lawyers and paralegals has revealed that most firms charge different corporate clients different hourly rates for the same work, with some clients paying as much as $1,000 an hour more than others.

The Corporate Executive Board Co. and CT TyMetrix's “Real Rate Report” won't be complete until September, but its initial findings were released Monday.

According to the early report, 78 percent of timekeepers at corporate law firms cut certain clients a deal, with the most substantial rate differences ranging...
To view the full article, register now.