Biglaw Billing Rates Soar in Top Cities and Drive Lateral Movement.
According to the latest LexisNexis CounselLink report, Biglaw partner billing rates are surging in certain metropolitan areas of the U.S., with median partner billable rates climbing by higher than 5% in six major cities. While the average partner billable rate increased by 4.5% overall, these cities saw the highest percentage rate increases in 2022.