Valeo Partners

Valeo Partners is excited to share the launch of our latest report, “Tariffs and Trade, Antitrust, Regulatory, Crypto Currency, Cyber Security and Data Privacy Report.” In this report, we provide detailed rates and insights on these specific practice areas in law. The report is now available for purchase. Please visit valeopartners.com/reports/ to learn more.

Congratulations to Allison Schneirov and the whole team at Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates for being recognized as this year’s Judge Joseph M. Proskauer Award winner through UJA-Federation of New York. This award is UJA’s most prestigious accolade for the legal profession, given to those for outstanding professional achievement and service to the community. The entire Valeo Partners team congratulates Allison on this achievement, and we are excited to continue our partnership with UJA for the years to come. 

With #AI taking the legal industry by storm, Suzi Ring at Financial Times says the billable hour will still be king in the law world, despite new AI implementations. We couldn’t agree more – though AI has the potential to transform the industry and improve efficiency, the billable hour is here to stay. Check out the full piece in the comments and keep an eye out for our upcoming blog post on AI’s impact on law, coming soon!

Valeo Partners’ 2025 Canadian Law Firm Hourly Rate Report is now available! If you’re a Canadian firm, this report is for you. We dive into rate setting for 2025, providing Canadian law firms with a look into how you stack up against competitors.  Specialized reports are available, as well. Please reach out for more information. https://lnkd.in/e92fn3CA

The Valeo 2025 Early Indicators Rate Report is now available on our website. This specialized #report covers key data of important billing rates of U.S. law firms from the first month of 2025, and provides an early look into the rest of the year’s legal rate trends. Head to our website to inquire about the report and purchase your copy here: https://lnkd.in/efzDC-Vh

In 2025, expect to see the following as the main #rate determinants across major law firms: 💼The client – who are they? 👔Law firm practice areas – what industry do they serve? 🕰️Location of the timekeeper – where is business being done? Interested in why? Valeo’s CEO,Chuck Chandler breaks it down in our most recent blog post: https://lnkd.in/e7TFtXQX

Exclusive data from the Valeo Pricing Platform shows major increases in rates this year. We are also closely monitoring location, industries, and market trends to predict global trends across law firms. Dive into some of these insights in Roy Strom’s piece for Bloomberg Law: https://lnkd.in/eF9vdB_D

At Valeo, we pride ourselves on being ahead of the curve. Back in December, our CEO Chuck Chandler hosted the “2025 Early Indicators” webinar, sharing a first look at the trends our Pricing Platform pulled for 2025 attorney hourly rates. With the year in full swing, and many of his predictions holding true, read on for his insights highlighted in the webinar recap on our blog: https://lnkd.in/e7TFtXQX

#Attorney hourly rates continue to increase. In 2025, we will see particularly high increases in Partner and Associate rates, but rates are also climbing for Support Staff due to an increase in their demand with the implementation of new #technology in many practices. We’re also seeing technology-oriented support positions on the rise. We’re curious how emerging tech has impacted your legal team. Let us know in the comments.

As we enter a new year, expect rate increases to continue climbing. As reported in Bloomberg Law, Valeo Partners expects several AMLAW 50 firms to have top Partners billing more than $3,000 an hour. Check out Roy Strom’s article for more insights on what #BigLaw is facing in 2025: https://lnkd.in/eF9vdB_D