Clio
JANUARY 1, 2025
The Legal Trends Report found that for law firms, bankruptcy was the practice area with the highest average hourly billing rate. In 2014, lawyers of color were 12% of the profession. Which practice area has the highest average hourly billing rate? Different practice areas charge vastly different rates.
Clio
MARCH 29, 2023
2014: Format documentation was revised involving timekeeper classifications in LEDES 98B1. Part of the reason why LEDES billing is so widely accepted is because it continues to go through enhancements to keep up with technological changes, as the below timeline indicates. 2006: LEDES XML is introduced. 2008: LEDES XML updates to LEDES XML 2.0
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Lawmatics
MARCH 2, 2023
It hadn't really become a mainstream concept yet, but this was back in 2013, 2014. We started to see law firms begin to understand that they need to think about their law firm more as a business and less as a law firm, right? And now it was just a kernel of an idea. It's the most important thing.
Lawmatics
OCTOBER 17, 2023
An attorney could showcase: Patent litigation with specific expertise in SaaS and blockchain technologies Chapter 7 bankruptcy and restructuring for small medical practices Concentration in high net worth divorce and complex asset division This degree of specificity is powerful in competitive markets, especially when connected to client outcomes.
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