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Associate Rates Hit $2,500 Per Hour, Outpacing Partner Hikes

By Aebra Coe

The ceiling on law firm associate billing rates is approaching $2,500 per hour, increasing at a faster pace than partner rates, particularly at the industry's largest law firms, according to a report released Monday by LexisNexis' CounselLink.

Smiling man with short gray hair wearing a white collared shirt and a brownish patterned blazer Motley Rice Founder Remembered As Titan Of Mass Tort Bar
person interacting with hiring icons Legal Sector Hiring Grows For 5th Month, But At Slower Pace
Smiling man with short dark brown hair wearing a dark suit jacket, white dress shirt and blue tie Willkie Farr Taps Atty As Liability Mgmt., Strategic Credit Chair
The Greenbaum Law logo featuring a circular green and black swirling icon to the left of the green word 'Greenbaum' with the black word 'LAW' aligned below it on a white background. Greenbaum Rowe Rebranding Ties History To Next Generation
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    DC Pulse

    Baker Botts Names New Energy, Infrastructure Leaders

    By Lynn LaRowe

    Baker Botts LLP announced Tuesday that it has appointed a group of longtime partners to leadership roles across practices central to the firm's energy and infrastructure work.

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    California Pulse

    Insurance Defense Law Firms Draw Interest From PE Investors

    By Emma Cueto

    The high-volume business and institutional clients at insurance defense law firms are attracting interest from private equity outfits looking for more avenues into the legal sector.

  • Legal Tech & AI

    Litigation AI Startup Concorda Raises $3.8M

    By Matt Perez

    Concorda, which is developing an artificial intelligence platform for litigation teams, announced Tuesday the raising of $3.8 million in seed funding to expand its engineering team and accelerate its customer acquisition plan.

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    California Pulse

    Paul Hastings Expands Capital Markets Team With Cooley Atty

    By Tracey Read

    A Cooley LLP attorney who advises companies, investment banks and investors on transactional and general corporate matters has joined Paul Hastings LLP as a capital markets partner in New York, the firm announced Tuesday.

  • California Pulse

    Law360's Legal Lions Of The Week

    By Kevin Penton

    Morgan Verkamp LLC and Sparacino PLLC lead this week's edition of Law360 Legal Lions, after the Eleventh Circuit held that the False Claims Act's qui tam provisions do not violate the appointments clause of the U.S. Constitution.

  • California Pulse

    Voir Dire: Law360 Pulse's Weekly Quiz

    By Anna Sanders

    The legal industry kicked off September with a busy week of attorney moves and law firm real estate trends. Test your legal news savvy here with Law360 Pulse's weekly quiz.

  • Two hands typing on a laptop keyboard in a dark room with a glowing red triangle warning icon and blue digital code overlays appearing above the keys.

    California Pulse

    Quinn Emanuel, McDermott Hit By Data Breaches

    By Lauren Berg

    Quinn Emanuel Urquhart & Sullivan LLP and McDermott Will & Schulte LLP both recently suffered data breaches, adding to the dozens of cybersecurity incidents law firms in the U.S. have suffered in 2026.

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    Daily Litigation

    Cooley Trial Partner Joins King & Spalding In NY

    By Adrian Cruz

    King & Spalding LLP said Thursday it has added a veteran trial attorney with over two decades of experience to its business litigation practice as a New York-based partner from Cooley LLP.

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    Modern Lawyer

    Sheppard Adds To Corporate Bench In Dallas, London

    By Lynn LaRowe

    Sheppard announced Thursday it has added a corporate partner in Dallas from McDermott Will & Schulte and a corporate partner in London from Simmons & Simmons LLP.

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    California Pulse

    How A Partner-Only Law Firm Uses AI To Replace Associates

    By Steven Lerner

    Lawyers Michael Pierson and Joel M. Ferdinand asked a simple question when they decided to launch their own firm: What would the elite law firm of the future look like?

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