DUBLIN, December 06, 2022 (GLOBE NEWSWIRE) — The “Platform for pricing legal services” Database has been added ResearchAndMarkets.com Offer.

That Price platform for legal services contains the hourly rates of individual attorneys and paralegals in over 1,900 law firms worldwide (AMLAW 200, NLJ 500, Magic Circle and others).

Unlike surveys, peer comparisons and e-billing reports, the platform allows you to directly compare your law firm’s or attorney’s rates to those of your closest competitors by annual turnover, practice and region.

The platform takes the guesswork out of anonymized data by giving you clarity and transparency to help you make the best possible pricing decisions, whether engagement-by-engagement or enterprise-wide.

The Legal Services Pricing Platform provides solutions for law firms, management consultants and consulting firms through:

• Driving the annual rate adjustment process through law firms
• Negotiation of multi-year contracts by Corporate Counsel
• Determination of transfer prices and prices for consulting services by consulting companies
• Providing real-time comparison rates for decision makers to change their hourly rates
• Determination of company-wide pricing strategy or engagement for engagement (litigation or transactions)
• Development of AFA pricing models
• Proving the fairness and reasonableness of hourly rates in court (fee application advice)
• Verifying the billing rates for career changers

Main advantages:

• Reasonably Priced: View hourly rates for individual attorneys (name, firm, client, graduation and certification year, practice areas, city of practice, billed rate, and standard rate) at over 1,900 law firms. Compare hourly rate differences directly by attorney, law firm, practice area, experience and location (city/state/province/country).
• Win More RFPs at Best Prices: Compare Corporate Counsel hiring and payment practices by law firm and engagement type for over 12,000 companies (including Fortune 500 and Global 500) and increase your chances of winning more RFPs at your price…