Most law firms avoid posting jobs on Indeed or LinkedIn due to high costs. Instead, they publish them on their own websites, bar association pages, and niche legal boards. LawCrossing finds these hidden jobs, giving you access to exclusive opportunities. Sign up now!
published December 18, 2008
By Maria Laus, Author - LawCrossing
12/18/08
The results of this year's National Law Journal's annual billing survey showed that, although law firms increased their rates more slowly than last year, they still asked for a higher price for their labor from clients amid a declining economy. The National Law Journal's annual survey of the nation's largest law firms is based on information provided by 127 law firms that responded to billing questions as part of the NLJ 250. Billing information was provided by 109 of the 127 law firms, from which year over year comparisons were derived. The survey period ran from October 1, 2007, to September 30, 2008.
Compared with 2006, the level of increase for average firmwide billing rates was lower than the increase last year of 7.7%. According to a consultant from Altman Weil Inc., the continued increase in legal expenses means that law firms should expect clients to hire more in-house attorneys and to rely more heavily on ''flexible staffing,'' especially in a worsening economy. Clients such as pharmaceutical companies will now be negotiating harder for better deals on legal services, Woldow said.
Gain an advantage in your legal job search. LawCrossing uncovers hidden positions that firms post on their own websites and industry-specific job boards—jobs that never appear on Indeed or LinkedIn. Don't miss out. Sign up now!
