Since 2018, law firm partners have billed more hours to corporate legal departments than associates. The rift expanded in 2020, as partner billing jumped 5% to encompass 38% of average CLD billing compared to 30% for associates and maintained in 2021.
That’s according to a new Wolters Kluwer LegalView Insights report, which used the company’s e-billing tools to analyze $150 billion in ranked and unranked law firm invoices between 2020 and 2021.
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