When comparing firms, you can choose to view the data by individual attorneys, as in the image above. It then calculated each lawyer’s years of experience based on year of bar admission. Hover over any icon to see the specific attorney’s billing rate, years of experience and firm.īecause different firms may refer to the same practice areas by different terms (“bankruptcy” or “insolvency,” for example), Reorg normalized the naming of the practice areas in assembling this data.

It can also be used by corporate counsel, hedge fund analysts and portfolio managers to make more-informed decisions about hiring outside counsel.Ĭomparing billing rates by individual attorneys with two firms.

The tool can be used by attorneys and law firms to benchmark themselves against other firms and prepare for client pitches. It uses data drawn from interim and final fee applications found within the dockets of the bankruptcy courts for the Southern District of New York and the District of Delaware. Bankruptcy Court dockets, using machine learning and natural language processing. The database is the first to use attorneys’ fee data extracted from U.S. It can also be used by general counsel and other commercial and financial clients in helping them to decide which outside counsel to retain. The company Reorg, a global provider of financial intelligence, is today launching a first-of-its-kind Legal Billing Rates Database, an analytics tool that uses data drawn from court dockets to help attorneys benchmark their fees in preparation for client pitches.

Billing rates for bill4time