LEGAL FEE TRENDS

Attorney and lawyer hourly rates continue to rise to higher and higher levels. Attorneys and lawyers continue to narrow their focus and specialize in order to support their higher rates.

The number of new lawyers and attorneys with little experience entering the legal workforce continues to rise.

Law firms continue to expand, merge and increase their size. The number of mega law firms continues to rise. Large firm expenses continue to rise and cause legal fee increases to clients.

As the need for legal work continues to rise, there is no end in site for ever increasing legal fees and legal expenses. This legal fee inflation in turn fuels the entry of new lawyers and attorneys with little experience.

Do you want an inexperienced lawyer or attorney working on your legal projects?

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