Realization rates continue to decline in Big Law, with many Am Law 100 firms reporting 1% to 3% lower realization in 2023. While some firms blamed market factors, others said that several years of ...

Realization, the long-standing hallmark of law firm performance, is ready for a makeover. While the metric is not inherently flawed, its calculation and application have been twisted, resulting in ...

While several firm leaders have acknowledged depressed realization, they've also said they're just fine keeping it down, especially if it means they can keep pushing billing rates up. And several have ...

The answer would seem pretty self-evident: $90,000 is more than $80,000, so it’s hard to argue otherwise. However, it’s not uncommon for professional services firms to focus on the 100 percent rather ...