Overall legal rates are still rising, but the more useful story sits beneath the averages: which industries absorbed the pricing pressure, which firms gained leverage, and which categories of work drove costs higher.
Legal.io's law firm index is a searchable directory of 9,000+ US law firms with built-in panel management and outside counsel rate benchmarking for in-house legal teams.
Most legal teams lack a clear baseline for outside counsel rates. Learn how to benchmark rates, prepare for negotiations, and evaluate new proposals with better data.
John Quinn, founding partner, discusses a proprietary AI tool, built on Anthropic, that can be used in litigation to prepare expert witness reports, examination outlines, etc.