“It's pretty hard to criticize them for paying the highest rates when they're kicking butt, basically,” said Nathan Cemenska, director of legal operations and industry insights at Wolters Kluwer.
February 25, 2022 at 03:04 PM
4 minute read
The original version of this story was published on Corporate Counsel
Financial institutions are paying the highest hourly rates for outside counsel, while also doing a better job than many other industries when it comes to tamping down big rate hikes from their law firms.
That’s according to a new analysis of the 2021 Real Rate Report from Wolters Kluwer, a Dutch information services company with a U.S. headquarters in Philadelphia.
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