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 $82 billion worth of data – and growing daily.

For corporate legal or claims departments and law firms, the Real Rate Report provides powerful information and insights to better negotiate rates, develop credible matter budgets and efficient staffing plans, as well as manage legal services effectively.

For the first time, this year we are offering two versions of the report:

 
  • The 2016 Real Rate Report: Lawyer Rates, Trends and Analysis
    This comprehensive report provides insights into partner, associate, and paralegal rates and by practice area, experience, geographic location, firm size, and industry. We’ve added a new section on billing behaviors which helps managers address practices that increase cost and impede legal service management.
 

 
  • The 2016 Real Rate Report Snapshot
    For legal professionals interested in law firm rate details, this version of the report provides just that. 
 

Data is gathered globally in addition to the United States. Practice area, industry, and firm size rate detail is provided for Australia, Canada, France, Germany, and the United Kingdom along with the extensive table detail for the United States.

The Real Rate Report is a collaboration between Wolters Kluwer ELM Solutions and CEB, which is the leading member-based advisory company that equips organizations with insights, tools, and actionable solutions to transform enterprise performance.