Dublin, Feb. 05, 2024 (GLOBE NEWSWIRE) -- The "Valeo 2024 Canadian Law Firm Hourly Rate Report" report has been added to ResearchAndMarkets.com's offering.
The legal industry is set for a paradigm shift as a comprehensive new research publication on Canadian Law Firm Hourly Rates for the year 2024 is now added to our extensive research catalogue. This landmark report provides a detailed analysis of hourly billing practices and rate fluctuations across different tiers of legal professionals in Canada, from Senior Partners to Support Staff.
Emerging Trends in Legal Billing
In an industry known for its adherence to tradition and precedent, the report's forecast of a 4-7% increase in legal fees offers a crucial insight into expected economic fluctuations and market dynamics. The report meticulously segments average hourly rates by role and practice area, offering a granular look at the legal landscape.
Strategic Planning Tool for Legal Professionals
As Canada's legal market continues to evolve, the report emerges as a vital tool for law firms and corporate legal departments aiming to stay ahead in strategic pricing and budgetary decisions. With a database spanning 2,100 law firms and over 15,000 client profiles, the report is an unparalleled aggregation of publicly disclosed billing rates, designed to facilitate direct comparison and informed decision-making.
Comprehensive Scope and Methodology
The report garners its insights from a robust combination of primary market observations and secondary public records research. This includes minute examination of attorney engagements and meticulous profiling both of law firms and the companies they serve. The intricate research methodology ensures the utmost relevance and accuracy of data provided to users.
- Senior Partner Hourly Rates
- Partner Hourly Rates
- Counsel Hourly Rates
- Senior Associate Hourly Rates
- Associate Hourly Rates
- Support Staff Hourly Rates
The detailed segmentation by practice areas aids legal firms in developing bespoke strategies tailored to specific market demands. The report’s pinpointed projections are a testament to the detailed research process that underpins this valuable resource.
Enhanced Market Insights
By providing data that enables direct comparisons between individual attorneys and firms, the report transcends the conventional average-based calculations provided by surveys and e-billing services. It equips users with actionable insights, facilitating critical pricing strategies on both a macro and micro level—enterprise-wide or engagement-specific.
This addition to our research offerings underscores our commitment to delivering nuanced, pivotal market data that supports strategic decision-making in the legal sector. With a focus on Canada's dynamic legal landscape, the report is poised to serve as a cornerstone for fiscal planning and market analysis for the nation's top law firms and their corporate clientele.
For more insights and to understand the legal profession's trajectory through 2024, access this comprehensive hourly rate report, which is poised to influence decision-making processes across Canada's legal domain.
Key Topics Covered:
Executive Summary
Section 1: Rates for Large Canadian Law Firms
1.1 Large Canadian Law Firms Consolidated
1.2 Overall Rates by Individual Large Canadian Law Firms
- Aird & Berlis LLP
- Bennett Jones LLP
- Blake, Cassels & Graydon LLP
- Borden Ladner Gervais LLP
- Cassels Brock & Blackwell LLP
- Chaitons LLP
- Davies Ward Phillips & Vineberg, LLP
- Deeth Williams Wall LLP
- Fasken
- Goldman, Sloan, Nash & Haber LLP
- Goodmans, LLP
- Gowling WLG
- Lawson Lundell LLP
- Lunny MacInnes Law Corporation
- McCarthy Tetrault LLP
- McInnes Cooper
- McMillan LLP
- Miller Thomson LLP
- Minden Gross LLP
- MLT Aikins LLP
- Morency Societe d'Avocats, S.E.N.C.R.L.
- Osler, Hoskin & Harcourt LLP
- Stewart McKelvey
- Stikeman Elliott LLP
- Thornton Grout Finnigan LLP
- Torys, LLP
- Wickwire Holm
1.3 City Rates for Individual Large Canadian Law Firms
- Aird & Berlis LLP
- Toronto
- Bennett Jones LLP
- Calgary
- Montreal
- Toronto
- Blake, Cassels & Graydon LLP
- Calgary
- Montreal
- Quebec City
- Toronto
Vancouver (Canada)
- Borden Ladner Gervais LLP
- Calgary
- Montreal
- Ottawa
- Toronto
- Vancouver (Canada)
- Cassels Brock & Blackwell LLP
- Calgary
- Montreal
- Toronto
- Vancouver (Canada)
- Chaitons LLP
- Toronto
- Davies Ward Phillips & Vineberg, LLP
- Toronto
- Deeth Williams Wall LLP
- Toronto
- Fasken
- Montreal
- Ottawa
- Toronto
- Vancouver (Canada)
- Goldman, Sloan, Nash & Haber LLP
- Toronto
- Goodmans, LLP
- Ottawa
- Toronto
- Gowling WLG
- Calgary
- Kitchener
- Montreal
- Ottawa
- Toronto
- Vancouver (Canada)
- Lawson Lundell LLP
- Vancouver (Canada)
- Lunny MacInnes Law Corporation
- Vancouver (Canada)
- McCarthy Tetrault LLP
- Calgary
- Montreal
- Quebec City
- Toronto
- Vancouver (Canada)
- McInnes Cooper
- St. John's
- McMillan LLP
- Toronto
- Vancouver (Canada)
- Miller Thomson LLP
- Calgary
- Edmonton
- Kitchener
- Montreal
- Saskatoon
- Toronto
- Vancouver (Canada)
- Minden Gross LLP
- Toronto
- MLT Aikins LLP
- Toronto
- Morency Societe d'Avocats, S.E.N.C.R.L.
- Montreal
- Osler, Hoskin & Harcourt LLP
- Montreal
- Toronto
- Stewart McKelvey
- St. John's
- Stikeman Elliott LLP
- Montreal
- Ottawa
- Toronto
- Vancouver (Canada)
- Thornton Grout Finnigan LLP
- Toronto
- Torys, LLP
- Calgary
- Montreal
- Toronto
- Wickwire Holm
- Halifax
1.4 Practice Area Rates for Individual Large Canadian Law Firms
- Aird & Berlis LLP
- Corporate
- Intellectual Property
- Labor & Employment
- Litigation
- Real Estate
- Tax
- Bennett Jones LLP
- Bankruptcy
- Corporate
- Financial Litigation
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Real Estate
- Tax
- Trade
- Blake, Cassels & Graydon LLP
- Bankruptcy
- Class Action
- Energy
- Environmental
- Financial Litigation
- Intellectual Property
- Litigation
- Real Estate
- Borden Ladner Gervais LLP
- Bankruptcy
- Corporate
- Financial Litigation
- Healthcare
- Insurance
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Real Estate
- Securities
- Tax
- Cassels Brock & Blackwell LLP
- Antitrust
- Bankruptcy
- Class Action
- Contracts
- Corporate
- Cybersecurity and Data Privacy
- Financial Litigation
- Healthcare
- Insurance
- Intellectual Property
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Securities
- Tax
- Chaitons LLP
- Bankruptcy
- Litigation
- Davies Ward Phillips & Vineberg, LLP
- Arbitration & Mediation
- Corporate
- Environmental
- Financial Litigation
- Litigation
- Mergers & Acquisitions
- Deeth Williams Wall LLP
- Healthcare
- Fasken
- Bankruptcy
- Class Action
- Communications
- Corporate
- Cybersecurity and Data Privacy
- Financial Litigation
- Intellectual Property
- Labor & Employment
- Litigation
- Real Estate
- Securities
- Tax
- Trade
- Goldman, Sloan, Nash & Haber LLP
- Bankruptcy
- Litigation
- Real Estate
- Goodmans, LLP
- Bankruptcy
- Corporate
- Financial Litigation
- Healthcare
- Intellectual Property
- Litigation
- Mergers & Acquisitions
- Real Estate
- Securities
- Tax
- Gowling WLG
- Bankruptcy
- Capital Markets
- Corporate
- Criminal Defense
- Cybersecurity and Data Privacy
- Energy
- Environmental
- Financial Litigation
- Healthcare
- Insurance
- Intellectual Property
- Labor & Employment
- Litigation
- Patent
- Real Estate
- Tax
- Lawson Lundell LLP
- Bankruptcy
- Corporate
- Litigation
- Lunny MacInnes Law Corporation
- Corporate
- Litigation
- McCarthy Tetrault LLP
- Antitrust
- Arbitration & Mediation
- Bankruptcy
- Capital Markets
- Class Action
- Contracts
- Corporate
- Financial Litigation
- Government
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Patent Prosecution
- Real Estate
- Securities
- Tax
- McInnes Cooper
- Class Action
- McMillan LLP
- Bankruptcy
- Capital Markets
- Class Action
- Corporate
- Financial Litigation
- Insurance
- Intellectual Property
- Litigation
- Mergers & Acquisitions
- Real Estate
- Securities
- Tax
- Miller Thomson LLP
- Arbitration & Mediation
- Bankruptcy
- Communications
- Corporate
- Environmental
- Financial Litigation
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Real Estate
- Securities
- Tax
- Minden Gross LLP
- Financial Litigation
- Litigation
- MLT Aikins LLP
- Financial Litigation
- Real Estate
- Morency Societe d'Avocats, S.E.N.C.R.L.
- Patent
- Osler, Hoskin & Harcourt LLP
- Bankruptcy
- Capital Markets
- Class Action
- Corporate
- Financial Litigation
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Real Estate
- Tax
- Stewart McKelvey
- Class Action
- Financial Litigation
- Litigation
- Stikeman Elliott LLP
- Bankruptcy
- Class Action
- Communications
- Corporate
- Energy
- Environmental
- Financial Litigation
- Intellectual Property
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Real Estate
- Securities
- Tax
- Trade
- Thornton Grout Finnigan LLP
- Arbitration & Mediation
- Bankruptcy
- Corporate
- Financial Litigation
- Litigation
- Torys, LLP
- Arbitration & Mediation
- Bankruptcy
- Capital Markets
- Class Action
- Copyright
- Corporate
- Environmental
- Financial Litigation
- Government
- Healthcare
- Insurance
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Patent
- Real Estate
- Securities
- Tax
- Trade
- Wickwire Holm
- Arbitration & Mediation
- Bankruptcy
- Insurance
1.5 Overall City Rates for Large Canadian Law Firms
- Calgary
- Edmonton
- Halifax
- Kitchener
- Montreal
- Ottawa
- Quebec City
- Saskatoon
- St. John's
- Toronto
- Vancouver (Canada)
1.6 Overall Practice Area Rates for Large Canadian Law Firms
- Antitrust
- Arbitration & Mediation
- Bankruptcy
- Capital Markets
- Class Action
- Communications
- Contracts
- Copyright
- Corporate
- Criminal Defense
- Cybersecurity and Data Privacy
- Energy
- Environmental
- Financial Litigation
- Government
- Healthcare
- Insurance
- Intellectual Property
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Patent
- Patent Prosecution
- Real Estate
- Securities
- Tax
- Trade
Section 2: Rates for Large US Law Firms
2.1 Large US Law Firms Consolidated
- Akin Gump Strauss Hauer & Feld LLP
2.2 Overall Rates by Individual Large US Law Firm
- Baker McKenzie
- Cozen O'Connor
- Davis Polk & Wardwell LLP
- Debevoise & Plimpton LLP
- Deloitte Touche Tohmatsu Limited
- Dickinson Wright PLLC
- DLA Piper LLP (US)
- EY Law LLP
- Heenan Blaikie LLP
- Jones Day
- Kirkland & Ellis LLP
- KPMG International Limited
- Kroll Inc. Kroll Associates, Inc.
- Kutak Rock LLP
- Latham & Watkins LLP
- Lowenstein Sandler PC
- Miller, Canfield, Paddock and Stone, P.L.C.
- Morrison & Foerster LLP
- Norton Rose Fulbright
- Paul, Weiss, Rifkind, Wharton & Garrison LLP
- Proskauer Rose LLP
- Shearman & Sterling LLP
- Sidley Austin LLP
- Skadden, Arps, Slate, Meagher & Flom LLP
- Squire Patton Boggs
- Troutman Pepper Hamilton Sanders LLP
- Weil, Gotshal & Manges LLP
- White & Case LLP
- Wiley Rein LLP
- Willkie Farr & Gallagher LLP
2.3 City Rates for Individual Large US Law Firms
- Akin Gump Strauss Hauer & Feld LLP
- Toronto
- Baker McKenzie
- Toronto
- Cozen O'Connor
- Toronto
- Davis Polk & Wardwell LLP
- Toronto
- Debevoise & Plimpton LLP
- Vancouver (Canada)
- Deloitte Touche Tohmatsu Limited
- Montreal
- Dickinson Wright PLLC
- Toronto
- DLA Piper LLP (US)
- Calgary
- Ottawa
- Toronto
- Vancouver (Canada)
- EY Law LLP
- Vancouver (Canada)
- Heenan Blaikie LLP
- Calgary
- Ottawa
- Toronto
- Kirkland & Ellis LLP
- Toronto
- MG International Limited
- Toronto
- Vancouver (Canada)
- Kroll Inc. Kroll Associates, Inc.
- Toronto
- Kutak Rock LLP
- Vancouver (Canada)
- tham & Watkins LLP
- Toronto
- wenstein Sandler PC
- Toronto
- Miller, Canfield, Paddock and Stone, P.L.C.
- Windsor
- morrison & Foerster LLP
- Montreal
- Norton Rose Fulbright
- Montreal
- Ottawa
- Toronto
- Paul, Weiss, Rifkind, Wharton & Garrison LLP
- Calgary
- Toronto
- Proskauer Rose LLP
- Toronto
- Shearman & Sterling LLP
- Toronto
- Sidley Austin LLP
- Toronto
- Skadden, Arps, Slate, Meagher & Flom LLP
- Toronto
- Squire Patton Boggs
- Toronto
- Troutman Pepper Hamilton Sanders LLP
- Toronto
- Weil, Gotshal & Manges LLP
- Toronto
- White & Case LLP
- Toronto
- Wiley Rein LLP
- Toronto
- Willkie Farr & Gallagher LLP
- Toronto
2.4 Practice Area Rates for Individual Large US Law Firms
- Akin Gump Strauss Hauer & Feld LLP
- Bankruptcy
- Baker McKenzie
- Bankruptcy
- Corporate
- Financial Litigation
- Intellectual Property
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Real Estate
- Tax
- Trade
- Cozen O'Connor
- Trade
- Davis Polk & Wardwell LLP
- Corporate
- Debevoise & Plimpton LLP
- Litigation
- Deloitte Touche Tohmatsu Limited
- Financial Litigation
- Dickinson Wright PLLC
- Corporate
- Insurance
- DLA Piper LLP (US)
- Bankruptcy
- Communications
- Corporate
- Financial Litigation
- Litigation
- EY Law LLP
- Immigration
- Heenan Blaikie LLP
- Bankruptcy
- Communications
- Corporate
- Litigation
- Jones Day
- Corporate
- Real Estate
- Kirkland & Ellis LLP
- Financial Litigation
- KPMG International Limited
- Bankruptcy
- Financial Litigation
- Mergers & Acquisitions
- Kroll Inc. Kroll Associates, Inc.
- Cybersecurity and Data Privacy
- Financial Litigation
- Kutak Rock LLP
- Corporate
- Latham & Watkins LLP
- Corporate
- Cybersecurity and Data Privacy
- Lowenstein Sandler PC
- Labor & Employment
- Miller, Canfield, Paddock and Stone, P.L.C.
- Bankruptcy
- Corporate
- Mergers & Acquisitions
- Real Estate
- Morrison & Foerster LLP
- Bankruptcy
- Norton Rose Fulbright
- Arbitration & Mediation
- Bankruptcy
- Corporate
- Environmental
- Financial Litigation
- Government
- Labor & Employment
- Litigation
- Trade
- Paul, Weiss, Rifkind, Wharton & Garrison LLP
- Corporate
- Financial Litigation
- Litigation
- Proskauer Rose LLP
- Corporate
- Shearman & Sterling LLP
- Litigation
- Sidley Austin LLP
- Litigation
- Skadden, Arps, Slate, Meagher & Flom LLP
- Bankruptcy
- Corporate
- Financial Litigation
- Squire Patton Boggs
- Litigation
- Troutman Pepper Hamilton Sanders LLP
- Bankruptcy
- Weil, Gotshal & Manges LLP
- Bankruptcy
- Corporate
- Litigation
- White & Case LLP
- Financial Litigation
- Wiley Rein LLP
- Securities
- Willkie Farr & Gallagher LLP
- Corporate
2.5 Overall City Rates for Large US Law Firms
- Calgary
- Montreal
- Ottawa
- Toronto
- Vancouver (Canada)
- Windsor
2.6 Overall Practice Area Rates for Large US Law Firms
- Arbitration & Mediation
- Bankruptcy
- Communications
- Corporate
- Cybersecurity and Data Privacy
- Environmental
- Financial Litigation
- Government
- Immigration
- Insurance
- Intellectual Property
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Real Estate
- Securities
- Tax
- Trade
For more information about this report visit https://www.researchandmarkets.com/r/dztk6u
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