The Real Rate Report® is the legal industry's leading benchmark for law firm rates and staffing trends based on actual invoice data, not surveys. The report is powered by LegalVIEW®, the world's largest source of legal performance data with over $66 billion worth of data. The Real Rate Report is a valuable, must-have resource for corporate legal and claims departments and law firms that need powerful information and insights to better negotiate rates, develop credible matter budgets and efficient staffing plans, as well as manage legal services effectively.
The 2014 edition of the Real Rate Report contains many new analyses that provide added transparency and a unique look into lawyer rates and, ultimately, matter costs:
- Ability to benchmark partner and associate rates by more granular legal practice areas
- More detailed comparisons by lawyer experience levels
- Updated model and analysis on key drivers of lawyer rates
- Rate volatility analysis
- In-depth analyses on matter staffing and total costs
The Real Rate Report, now in its fourth edition, is a collaboration between ELM Solutions, a Wolters Kluwer company, and CEB, which is the leading member-based advisory company that equips organizations with insights, tools, and actionable solutions to transform enterprise performance.