Stacked wooden blocks forming steps with white letters spelling HOUR, each topped with piles of coins against a yellow background.

Elite Law Firm Billing Rates Continue To Outpace Economy

By Tracey Read

Top law firms commanded sizable increases in billing rates this year, continuing a multiyear trend that legal technology leaders warn may be out of step with today's market and competitive landscape.

  • side by side headshots of two men

    Daily Litigation

    Meet The Attys In Del. Appeal Over J&J's $1B Merger Earnout

    An Orrick Herrington & Sutcliffe LLP attorney representing clients in high-profile U.S. Supreme Court cases and a Selendy Gay PLLC lawyer who counts Albertsons as a notable client will face off in Johnson & Johnson's bid to have the Delaware Supreme Court undo a $1 billion damages award in a postmerger dispute.

  • Man with a shaved head wearing a dark suit, white shirt, and blue tie, smiling broadly while standing in a well-lit indoor setting.

    California Pulse

    Calif. Supreme Court Justice Martin Jenkins To Retire

    California Supreme Court Justice Martin J. Jenkins, the first openly gay man and the third African American man to sit on the bench, will retire at the end of October, the court announced Thursday.

  • A woman with straight light brown hair, wearing a blue blazer over a white top, smiles in front of a plain white background.

    Courts

    Ousted NJ US Attorney Rejoins McCarter & English

    Months after she was abruptly fired by President Donald Trump from her role as New Jersey U.S. attorney, former federal prosecutor Desiree "Desi" Grace has rejoined McCarter & English LLP's Newark office as a partner, the firm announced Thursday.

  • Man with short dark hair and light stubble wearing a suit jacket and dress shirt, looking upward with a serious expression in a dimly lit setting.

    Courts

    False-Statement Case Puts Comey In Rare Company

    Former FBI director James Comey is the latest addition to the relatively short list of government officials who have been criminally charged over the past several decades with making false statements to Congress.

  • A woman with long dark hair, wearing a black top and colorful patterned scarf, stands in front of a blurred cityscape background

    In-House

    Ex-Paramount Legal Chief Named Media Biz Wasserman's CLO

    The former general counsel for Paramount Global Inc. who departed the company in 2024 during its ownership transition will join sports, music and entertainment company Wasserman as its top attorney, the company said Thursday.

  • Courts

    Longtime Top NY State Judge In Brooklyn To Retire

    Longtime New York state Judge Lawrence Knipel told Law360 that he will retire next month with plans to go into commercial law and mediation after 35 years on the bench.

  • Person typing on a laptop with digital graphics showing circuit lines, AI symbols, and document icons overlaid in front of the screen.

    Legal Tech

    Ropes & Gray Pilots New Draftwise AI To Speed Up Contracts

    Ropes & Gray LLP is piloting the new generative artificial intelligence features from Draftwise to help transactional attorneys draft documents faster, the firm told Law360 Pulse exclusively.

  • Man with short gray hair, wearing a gray suit, light blue shirt, and red tie. He is smiling and standing outdoors in front of green foliage and trees.

    California Pulse

    Former California Solicitor General Joins WilmerHale In SF

    WilmerHale is expanding its appellate team, announcing Thursday it is bringing in the former California solicitor general as a partner in its San Francisco office starting in early December.

  • Person typing on a laptop keyboard in a dark setting, with a red warning triangle containing an exclamation mark superimposed over the scene. The warning symbol is surrounded by digital graphics and red light effects.

    California Pulse

    What Is 'Brickstorm' and How Law Firms Can Guard Against It

    A recent cyberattack at Williams & Connolly LLP that compromised a few attorney email accounts is the latest reported event possibly linked to “Brickstorm” malware. Here, Law360 Pulse breaks down what law firms and legal professionals should know about the cyberattacks.

  • Person in a hooded sweatshirt with face obscured by shadow, shown against a dark background with glitch effects and red and blue digital-style letters.

    Courts

    Texas Atty Indicted On 5 Counts Of Cyberstalking

    A Texas attorney was indicted on five counts of cyberstalking Tuesday along with two charges of transmitting communications in interstate commerce, accused in federal court of harassing five people including attorneys via various forms of digital media.

                Promo that reads Law360 Pulse Leaderboard                                     promo that reads An Inside Look at the Billable Hour with a photo of a hundred-dollar bill on top of a clock.                  
Promo that reads Law360 Pulse Social Impact Leaders
Promo that reads Law360 Pulse Summer Associates Survey: Part 2
Promo that reads Law360 Pulse Women in Law Report
×

Law360

Law360 Law360 UK Law360 Tax Authority Law360 Employment Authority Law360 Insurance Authority Law360 Real Estate Authority Law360 Healthcare Authority Law360 Bankruptcy Authority

Rankings

NEWLeaderboard Analytics Social Impact Leaders Prestige Leaders Pulse Leaderboard Women in Law Report Law360 400 Diversity Snapshot Rising Stars Summer Associates

National Sections

Modern Lawyer Courts Daily Litigation In-House Mid-Law Legal Tech Small Law Insights

Regional Sections

California Pulse Connecticut Pulse DC Pulse Delaware Pulse Florida Pulse Georgia Pulse New Jersey Pulse New York Pulse Pennsylvania Pulse Texas Pulse

Site Menu

Subscribe Advanced Search About Contact