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Average realization rate of law firms in the United States in 2020 and 2022, by practice area

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Source

Release date

February 2023

Region

United States

Survey time period

2020 to 2022

Number of respondents

1,134 respondents

Special properties

legal professionals

Supplementary notes

Survey method was not stated by the source.

Citation formats

Law firms' average realization rates in the U.S. by practice area 2020-2022

Published by Jenny Yang, Feb 17, 2023
In 2022, intellectual property law firms had the highest realization rate in the United States. In that year, on average ** percent of billable work was included in the client bill by firms specializing in intellectual property law. The realization rate shows the difference between the number of billable hours and the number of hours the client is charged for.
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