LexisNexis® CounselLink® Releases 2026 Trends Report as Rising Rates and Big Law Share of Wallet Continue to Climb
Source: The Manila times
Published on: 2026-04-22 11:56
Law Firms with 750+ attorneys captured 52% of 2025 matters, dominating high-stakes M&A and Data Privacy at more than $1,000/hour median partner rates Raleigh, NC, April 22, 2026 (GLOBE NEWSWIRE) -- LexisNexis® Legal & Professional, a global leader in information, analytics and AI-powered legal workflow solutions, today announced release of the LexisNexis CounselLink® 2026 Trends Report: State of Outside Counsel Fees. The report indicates that law firm billing rates continued to rise in 2025, while the largest law firms further expanded their share of wallet. The findings highlight ongoing challenges for corporate legal departments seeking to manage outside counsel costs. Average partner rates increased 5.1% in 2025, tying for the second-highest level recorded since CounselLink launched its annual Trends Report in 2013. The largest law firms maintained a significant pricing advantage, w...
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