CourtEXPRESS Report Shows Billing Rates Increase among Law Firms; Slow Economy Did Not Deter Increases.Business Editors WASHINGTON--(BUSINESS WIRE)--Oct. 6, 2003 Despite a slow economy, law firm rates rose in every region of the United States during the first two quarters of 2003, according to the Legal Billing Report, published by CourtEXPRESS, a court information services See Information Systems. company. "Of the 120 law firms we have tracked, at least 50 have increased their rates," said Christopher C. Hayes, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of CourtEXPRESS. "We saw significant increases in associate rates, which in most cases were well above percentage increases in partner rates." The rate information recently became available in the Legal Billing Report, a comparative listing of legal fees and rates published three times per year by CourtEXPRESS. The greatest percentage increase in billing rates is in the Mid-Atlantic region, more specifically, Philadelphia, with an overall rate increase of nearly 20%. Texas follows with an increase of approximately 17%, while increases in Washington, D.C. and New England hover around 14%. New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of increases were a more moderate 10%. Chicago, New Jersey and the Southeast clustered around the low double digits, with 11%, 11% and 10%, respectively. California rates increased 9%, while rates in Ohio and the Midwest increased 8%. The full Legal Billing Report is available in hardcopy or electronic form from CourtEXPRESS at (800) 542-3320, through their website at www.courtEXPRESS.com or via email to sales@courtexpress.com. About CourtEXPRESS For over twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. , CourtEXPRESS, formerly known as RIS RIS rabies inhibiting substance. Legal Services, Inc., has provided attorneys and legal professional with access to millions of federal and state court cases. In 1999 RIS introduced CourtEXPRESS, the first Internet site for accessing court dockets and offering value-added business development services. In 1999, RIS also introduced the Legal Billing Report, which lists billing rates by firm, timekeeper, position, year of admittance Admittance The ratio of the current to the voltage in an alternating-current circuit. In terms of complex current I and voltage V, the admittance of a circuit is given by Eq. (1), and is related to the impedance of the circuit Z by Eq. (2). and region. Law firms and legal professionals rely on the Legal Billing Report as an indispensable tool for determining and setting the billable rates for their attorneys. Consultants and corporate general counsel use the report to evaluate the fees they are being charged by outside counsel. The LBR LBR Liberia (ISO Country code) LBR Library (File Name Extension) LBR Lumber LBR Low Bit Rate LBR Librarian LBR Load Balancing Router LBR Laser Beam Recorder LBR Legislative Budget Request has been submitted to numerous bankruptcy courts to support fee applications. For more information, visit the CourtEXPRESS website at www.courtEXPRESS.com. |
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