The associate class chart includes a sampling of hourly rates charged by law firms that establish billing rates based on associate class.
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- Lambert Barker
- 10 years ago
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1 EXHIBIT C
2 METHODOLOGY The National Law Journal's survey of billing rates of the largest U.S. law firms provides the High and Low rates for partners and associates. Starting in 2007, associate class billing data was added to the report from those firms that establish rates based on associate class. The survey results also include: High and low partner principal billing rates High and low associate principal billing rates Firm billing alternatives & billing averages and medians Firm wide billing averages and medians Methodology/Sources: The National Law Journal asked respondents to its annual survey of the nation''s largest law firms (the NLJ 250) to provide a range of hourly billing rates for partners and associates. The firms that supplied this information including some firms not in the NLJ 250* are listed below. Firms were also asked to provide average and median billing rates. The data includes total number of attorneys at the firm, and the city of the firm''s principal or largest office. The associate class chart includes a sampling of hourly rates charged by law firms that establish billing rates based on associate class. Data for variations and alternatives to hourly billing rates is included where provided by responding firms. Firms were asked to differentiate between variations on the traditional billable hour (e.g.,discounted and blended hourly rates) and true alternatives to the billable hour (e.g., fixed or flat fees, contingency fees, hybrid fees and retrospective fees based on value). The percentages given denote the estimated portions of the firms'''''''' revenues obtained through each of these two categories. * Not all firms opt to report billing information _1.xls/Methodology 1 of 1 8/8/2013/3:01 PM
3 Copyright ALM Media Properties, LLC. All rights reserved NLJ Year Firm Name Location Average FTE Attorneys Rate High Rate Low Rate Med Rate High Rate Low Rate Med Rate High Associa te Rate Low Rate Med NLJ Source 2012 Adams and Reese New Orleans 267 $ $ $ $ $ $ $ $ $ NLJ 2012 Best Best & Krieger Riverside, CA 191 $ $ $ $ $ $ $ $ $ NLJ Chicago 135 $ $ $ $ $ $ $ $ $ NLJ 2012 Brinks Hofer Gilson & Lione 2012 Bryan Cave Butzel Long Cozen O'Connor Dickinson Wright 254 St. Louis $ $ $ $ $ $ $ $ $ NLJ Detroit $ $ $ $ $ $ $ $ $ NLJ Philadelphia $ $ $ $ $ $ $ $ $ NLJ Detroit $ $ $ $ NLJ Notes Copyright 2011 ALM Media properties, LLC. All rights reserved
4 2012 Dickstein Shapiro Washington 343 $ $ $ $ $ $ $ $ $ NLJ 2012 Dinsmore & Shohl Cincinnati 412 $ $ $ $ $ $ $ $ $ NLJ 2012 DLA Piper New York 3746 $ $ $ $ $ $ $ $ $ NLJ 2012 Dorsey & Whitney Minneapolis 531 $ $ $ $ $ $ $ $ $ NLJ 2012 Dykema Gossett Chicago 331 $ $ $ $ $ $ $ $ $ NLJ 2012 Epstein Becker & Green New York 275 $ $ $ $ $ $ $ $ $ NLJ 2012 Fisher & Phillips Atlanta 237 $ $ $ $ $ $ $ $ $ NLJ 2012 Foley & Lardner Milwaukee 874 $ $ $ $ $ $ $ $ $ NLJ 2012 Fox Rothschild Philadelphia 471 $ $ $ $ $ $ $ $ $ NLJ 2012 Frost Brown Todd Cincinnati 393 $ $ $ $ $ $ $ $ $ NLJ 2012 Gardere Wynne Sewell Dallas 242 $ $ $ $ $ $ $ $ $ NLJ 2012 Gibbons Newark, NJ 200 $ $ $ $ $ $ $ $ $ NLJ 2012 Harris Beach Rochester, NY 189 $ $ $ $ $ $ $ $ $ NLJ Copyright 2011 ALM Media properties, LLC. All rights reserved
5 2012 Hiscock & Barclay Syracuse, 165 NY 2012 Hogan Lovells Holland & Hart Holland & Knight Husch Blackwell Kelley Drye & Warren Knobbe Martens Olson & Bear 2012 Lathrop & Gage Kansas City, 290 MO 2012 Lewis and Roca Locke Lord McAfee & Taft Oklahoma 183 City 2012 McDonald Hopkins McElroy, Deutsch, Mulvaney & Carpenter $ $ $ $ $ $ $ $ $ NLJ Washington $ $ $ $ $ $ $ $ $ NLJ Denver $ $ $ $ $ $ $ $ $ NLJ Washington $ $ $ $ $ $ $ $ $ NLJ St. Louis $ $ $ $ $ $ $ $ $ NLJ New York $ $ $ $ $ $ $ $ $ NLJ Irvine, CA 265 $ $ $ $ $ $ $ $ $ NLJ $ $ $ $ $ $ $ $ $ NLJ Phoenix $ $ $ $ $ $ $ $ $ NLJ Dallas $ $ $ $ $ $ $ $ $ NLJ $ $ $ $ $ $ $ $ $ NLJ Cleveland $ $ $ $ $ $ $ $ $ NLJ Morristown, NJ 286 $ $ $ $ $ $ $ $ $ NLJ Copyright 2011 ALM Media properties, LLC. All rights reserved
6 2012 McKenna Long & Aldridge Atlanta 424 $ $ $ $ $ $ $ $ $ NLJ 2012 Michael Best & Friedrich Milwaukee 196 $ $ $ $ $ $ $ $ $ NLJ 2012 Miles & Stockbridge Baltimore 213 $ $ $ $ $ $ $ $ $ NLJ 2012 Miller & Martin Chattanooga, TN 169 $ $ $ $ $ $ $ $ $ NLJ 2012 Nelson Mullins Riley & Scarborough Columbia, SC 414 $ $80.00 $ $ $ $ $ $ $ NLJ 2012 Patton Boggs Washington 491 $ $ $ $ $ $ $ $ $ NLJ 2012 Perkins Coie Seattle 747 $ $ $ $ $ $ $ $ $ NLJ 2012 Polsinelli Shughart Kansas City, 503 MO 2012 Rutan & Tucker Costa Mesa, 144 CA 2012 Saul Ewing Schulte Roth & Zabel Sedgwick San 343 Francisco 2012 Shumaker, Loop & Kendrick $ $ $ $ $ $ $ $ $ NLJ $ $ $ $ $ $ NLJ Philadelphia $ $ $ $ $ $ $ $ $ NLJ New York $ $ $ $ $ $ $ $ $ NLJ $ $ $ $ $ $ $ $ $ NLJ Toledo, OH 219 $ $ $ $ $ $ $ $ $ NLJ Copyright 2011 ALM Media properties, LLC. All rights reserved
7 2012 Shutts & Bowen Miami 212 $ $ $ $ $ $ $ $ $ NLJ 2012 Stoel Rives Portland, OR 374 $ $ $ $ $ $ $ $ $ NLJ 2012 Strasburger & Price Dallas 212 $ $ $ $ $ $ $ $ $ NLJ 2012 Sullivan & Worcester Boston 144 $ $ $ $ $ $ $ $ $ NLJ 2012 Thompson & Knight Dallas 291 $ $ $ $ $ $ $ $ $ NLJ 2012 Thompson Coburn St. Louis 309 $ $ $ $ $ $ NLJ 2012 Ulmer & Berne Cleveland, 178 $ $ $ $ $ $ $ $ $ NLJ OH 2012 Winstead Dallas 258 $ $ $ $ $ $ $ $ $ NLJ Copyright 2011 ALM Media properties, LLC. All rights reserved
8 2011 NLJ Copyright ALM Media Properties, LLC. All rights reserved. Fiscal Year Firm Name Location Rate High Rate Low Rate High Rate Low Rate Average Rate Average Rate Average Rate Med Rate Med 2011 Andrews Kurth 2011 Baker, Donelson, Bearman, Caldwell & 2011 Best Best & Krieger 2011 Bingham McCutchen 2011 Briggs and Morgan 2011 Broad and Cassel 2011 Bryan Cave 2011 Butzel Long 2011 Cadwalader, Wickersham & Taft 2011 Carlton Fields 2011 Cozen O'Connor 2011 Day Pitney 2011 Dickinson Wright 2011 Dickstein Shapiro 2011 Dinsmore & Shohl 2011 DLA Piper 2011 Dorsey & Whitney 2011 Duane Morris 2011 Dykema Gossett 2011 Epstein Becker & Green 2011 Fitzpatrick, Cella, Harper & Scinto 2011 Ford & Harrison Houston Memphis $ $ $ $ $ $ $ Riverside, CA $ $ $ $ $ $ $ Boston Minneapolis $ $ $ $ Orlando $ $ $ $ $ $ $ St. Louis $ $ $ $ $ $ $ Detroit $ $ $ $ $ $ New York Tampa $ $ $ $ $ $ $ Philadelphia $ $ $ $ $ $ $ Parsippany $ $ $ $ $ $ $ Detroit $ $ $ $ Washington $ $ $ $ $ $ $ Cincinnati $ $ $ $ $ $ $ New York $ $ $ $ $ $ $ Minneapolis $ $ $ $ $ $ $ Philadelphia $ $ $ $ $ $ $ Detroit $ $ $ $ $ $ $ New York $ $ $ $ $ $ $ New York $ $ $ $ Atlanta Copyright 2011 ALM Media properties, LLC. All rights reserved
9 2011 Fox Rothschild 2011 Frost Brown Todd 2011 Gardere Wynne Sewell 2011 Gibbons 2011 Harris Beach 2011 Hiscock & Barclay 2011 Hodgson Russ 2011 Holland & Knight 2011 Hughes Hubbard & Reed 2011 Hunton & Williams 2011 Husch Blackwell 2011 Jackson Kelly 2011 Jackson Lewis 2011 Kaye Scholer 2011 Kelley Drye & Warren 2011 Knobbe Martens Olson & Bear 2011 Lane Powell 2011 Latham & Watkins 2011 Lathrop & Gage 2011 Lewis, Rice & Fingersh 2011 Lowenstein Sandler 2011 Manatt, Phelps & Phillips 2011 McElroy, Deutsch, Mulvaney & Carpenter 2011 McKenna Long & Aldridge 2011 Michael Best & Friedrich 2011 Miller & Martin 2011 Nelson Mullins Riley & Scarborough 2011 Nexsen Pruet Philadelphia $ $ $ $ $ $ $ Cincinnati $ $ $ $ $ $ $ Dallas $ $ $ $ $ $ $ Newark $ $ $ $ $ $ $ Rochester $ $ $ $ Syracuse $ $ $ $ $ $ $ Buffalo $ $ $ $ $ $ Washington $ $ $ $ $ $ $ New York $ $ $ $ $ $ $ Richmond St. Louis $ $ $ $ $ $ $ Charleston, WV $ $ $ $ $ $ $ White Plains New York $ $ $ $ $ $ $ New York $ $ $ $ $ $ $ Irvine $ $ $ $ $ $ $ Seattle $ $ $ $ $ $ $ New York Kansas City, MO $ $ $ $ $ $ $ St. Louis $ $ $ $ $ Roseland, NJ $ $ $ $ $ $ $ Los Angeles $ $ $ $ $ $ $ Morristown, NJ $ $ $ $ $ $ $ Atlanta $ $ $ $ $ $ $ Milwaukee $ $ $ $ $ $ $ Chattanooga $ $ $ $ $ $ $ Columbia, SC $ $ $ $ $ $ $ Columbia, SC $ $ $ $ Copyright 2011 ALM Media properties, LLC. All rights reserved
10 2011 Orrick, Herrington & Sutcliffe 2011 Patton Boggs 2011 Pepper Hamilton 2011 Perkins Coie 2011 Phelps Dunbar 2011 Polsinelli Shughart 2011 Reed Smith 2011 Saul Ewing 2011 Schulte Roth & Zabel 2011 Sedgwick, Detert, Moran & Arnold 2011 Seyfarth Shaw 2011 Sheppard, Mullin, Richter & Hampton 2011 Shumaker, Loop & Kendrick 2011 Steptoe & Johnson LLP 2011 Stoel Rives 2011 Strasburger & Price 2011 Thompson & Knight 2011 Thompson Coburn 2011 Ulmer & Berne 2011 Vedder Price 2011 White and Williams 2011 Wiley Rein 2011 Wilmer Cutler Pickering Hale and Dorr 2011 Winstead 2011 Winston & Strawn 2011 Wyatt, Tarrant & Combs San Francisco Washington $ $ $ $ $ $ $ Philadelphia $ $ $ $ $ $ Seattle $ $ $ $ $ $ $ New Orleans $ $ $ $ $ $ $ Kansas City, MO $ $ $ $ Pittsburgh Philadelphia $ $ $ $ $ $ $ New York $ $ $ $ $ $ $ San Francisco Chicago $ $ $ $ $ $ $ Los Angeles $ $ $ $ Toledo $ $ $ $ $ $ $ Washington Portland, OR $ $ $ $ $ $ $ Dallas $ $ $ $ $ $ $ Dallas $ $ $ $ $ $ $ St. Louis $ $ $ $ Cleveland $ $ $ $ $ $ $ Chicago $ $ $ $ $ $ $ Philadelphia Washington Washington Dallas $ $ $ $ $ $ $ Chicago $ $ $ $ $ $ $ Louisville $ $ $ $ $ $ $ Copyright 2011 ALM Media properties, LLC. All rights reserved
11 Rate Med Annual billable hours requirement Variation on the billable hour Percentage of your firm's revenue is obtained through variations on the billable hour (%) Firm Alternatives Percentage of your firm's revenue is obtained via alternative billing (%) NLJ Source National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, 2011 National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, 2011 National Law Journal, December 19, National Law Journal, December 19, 2011 Notes Copyright 2011 ALM Media properties, LLC. All rights reserved
12 420 National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, 2011 National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, 2011 National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, 2011 Copyright 2011 ALM Media properties, LLC. All rights reserved
13 30 National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, 2011 National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, 2011 National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, National Law Journal, December 19, 2011 Copyright 2011 ALM Media properties, LLC. All rights reserved
14 Copyright 2011 ALM Media properties, LLC. All rights reserved
15 2012 NLJ Year Firm Name Location Average FTE Rate High Rate Low Rate Med Rate High Rate Low Rate Med Rate High Rate Low Rate Med NLJ Source Notes 2012 DLA Piper New York 3746 $ $ $ $ $ $ $ $ $ NLJ 2012 Epstein Becker & Green 2012 Kelley Drye & Warren New York 275 $ $ $ $ $ $ $ $ $ NLJ New York 303 $ $ $ $ $ $ $ $ $ NLJ 2012 Schulte Roth & Zabel New York 371 $ $ $ $ $ $ $ $ $ NLJ 2011 Fiscal Year Firm Name Location Rate High Billin g Rate Low Rate High Rate Low Rate Average Rate Average Rate Average Rate Med 2011 Cadwalader, New York Wickersham & Taft 2011 DLA Piper New York $ $ $ $ $ $ $ Epstein New York $ $ $ $ $ $ $ Becker & Green 2011 Fitzpatrick, New York $ $ $ $ Cella, Harper & Scinto 2011 Hughes New York $ $ $ $ $ $ $ Hubbard & Reed 2011 Kaye Scholer New York $ $ $ $ $ $ $ Kelley Drye & New York $ $ $ $ $ $ $ Warren 2011 Latham & Watkins New York 2011 Schulte Roth & Zabel New York $ $ $ $ $ $ $ Rate Med
