Canada Law Firm Hourly Rate Report 2024: Rates for Large Canadian and US Law Firms

DUBLIN, Feb. 5, 2024 /PRNewswire/ — The “Valeo 2024 Canadian Law Firm Hourly Rate Report” report has been added to  ResearchAndMarkets.com’s offering.

The 2024 Canadian Law Firm Hourly Rate Report details the hourly rates of Canada’s largest law firms and those from other countries with practices there.

The Report details average hourly rates by Senior Partner, Partner, Counsel, Senior Associate, Associate and Support Staff for prior years and forecast for 2024 by overall rates and key practice areas. Based upon past metrics, the current economic environment in Canada and legal and financial projections for 2024, rates in Canada will rise 4-7%, according to the report.

The publisher researches, reviews and analyzes hourly rates that are publicly disclosed of attorneys and support staff at currently 2,100 law firms representing over 15,000 client entities. Secondary public records research is performed to complete detailed engagement profiles of the attorneys and companies involved.

Through this process we are able to provide actionable data to users – mainly law firms and corporations – of the proprietary Online Pricing Platform to make 1) direct comparisons between attorneys and firms (as opposed to general averages of a collection of various firms’ rates as found in surveys or e-billing services) and 2) important pricing and strategy decisions enterprise-wide or engagement-by-engagement.

Key Topics Covered:

Executive Summary

Section 1: Rates for Large Canadian Law Firms

1.1 Large Canadian Law Firms Consolidated

1.2 Overall Rates by Individual Large Canadian Law Firms

Aird & Berlis LLPBennett Jones LLPBlake, Cassels & Graydon LLPBorden Ladner Gervais LLPCassels Brock & Blackwell LLPChaitons LLPDavies Ward Phillips & Vineberg, LLPDeeth Williams Wall LLPFaskenGoldman, Sloan, Nash & Haber LLPGoodmans, LLPGowling WLGLawson Lundell LLPLunny MacInnes Law CorporationMcCarthy Tetrault LLPMcInnes CooperMcMillan LLPMiller Thomson LLPMinden Gross LLPMLT Aikins LLPMorency Societe d’Avocats, S.E.N.C.R.L.Osler, Hoskin & Harcourt LLPStewart McKelveyStikeman Elliott LLPThornton Grout Finnigan LLPTorys, LLPWickwire Holm

1.3 City Rates for Individual Large Canadian Law Firms

Aird & Berlis LLPTorontoBennett Jones LLPCalgaryMontrealTorontoBlake, Cassels & Graydon LLPCalgaryMontrealQuebec CityToronto
Vancouver (Canada)Borden Ladner Gervais LLPCalgaryMontrealOttawaTorontoVancouver (Canada)Cassels Brock & Blackwell LLPCalgaryMontrealTorontoVancouver (Canada)Chaitons LLPTorontoDavies Ward Phillips & Vineberg, LLPTorontoDeeth Williams Wall LLPTorontoFaskenMontrealOttawaTorontoVancouver (Canada)Goldman, Sloan, Nash & Haber LLPTorontoGoodmans, LLPOttawaTorontoGowling WLGCalgaryKitchenerMontrealOttawaTorontoVancouver (Canada)Lawson Lundell LLPVancouver (Canada)Lunny MacInnes Law CorporationVancouver (Canada)McCarthy Tetrault LLPCalgaryMontrealQuebec CityTorontoVancouver (Canada)McInnes CooperSt. John’sMcMillan LLPTorontoVancouver (Canada)Miller Thomson LLPCalgaryEdmontonKitchenerMontrealSaskatoonTorontoVancouver (Canada)Minden Gross LLPTorontoMLT Aikins LLPTorontoMorency Societe d’Avocats, S.E.N.C.R.L.MontrealOsler, Hoskin & Harcourt LLPMontrealTorontoStewart McKelveySt. John’sStikeman Elliott LLPMontrealOttawaTorontoVancouver (Canada)Thornton Grout Finnigan LLPTorontoTorys, LLPCalgaryMontrealTorontoWickwire HolmHalifax

1.4 Practice Area Rates for Individual Large Canadian Law Firms

Aird & Berlis LLPCorporateIntellectual PropertyLabor & EmploymentLitigationReal EstateTaxBennett Jones LLPBankruptcyCorporateFinancial LitigationLabor & EmploymentLitigationMergers & AcquisitionsReal EstateTaxTradeBlake, Cassels & Graydon LLPBankruptcyClass ActionEnergyEnvironmentalFinancial LitigationIntellectual PropertyLitigationReal EstateBorden Ladner Gervais LLPBankruptcyCorporateFinancial LitigationHealthcareInsuranceLabor & EmploymentLitigationMergers & AcquisitionsReal EstateSecuritiesTaxCassels Brock & Blackwell LLPAntitrustBankruptcyClass ActionContractsCorporateCybersecurity and Data PrivacyFinancial LitigationHealthcareInsuranceIntellectual PropertyLabor & EmploymentLitigationMergers & AcquisitionsSecuritiesTaxChaitons LLPBankruptcyLitigationDavies Ward Phillips & Vineberg, LLPArbitration & MediationCorporateEnvironmentalFinancial LitigationLitigationMergers & AcquisitionsDeeth Williams Wall LLPHealthcareFaskenBankruptcyClass ActionCommunicationsCorporateCybersecurity and Data PrivacyFinancial LitigationIntellectual PropertyLabor & EmploymentLitigationReal EstateSecuritiesTaxTradeGoldman, Sloan, Nash & Haber LLPBankruptcyLitigationReal EstateGoodmans, LLPBankruptcyCorporateFinancial LitigationHealthcareIntellectual PropertyLitigationMergers & AcquisitionsReal EstateSecuritiesTaxGowling WLGBankruptcyCapital MarketsCorporateCriminal DefenseCybersecurity and Data PrivacyEnergyEnvironmentalFinancial LitigationHealthcareInsuranceIntellectual PropertyLabor & EmploymentLitigationPatentReal EstateTaxLawson Lundell LLPBankruptcyCorporateLitigationLunny MacInnes Law CorporationCorporateLitigationMcCarthy Tetrault LLPAntitrustArbitration & MediationBankruptcyCapital MarketsClass ActionContractsCorporateFinancial LitigationGovernmentLabor & EmploymentLitigationMergers & AcquisitionsPatent ProsecutionReal EstateSecuritiesTaxMcInnes CooperClass ActionMcMillan LLPBankruptcyCapital MarketsClass ActionCorporateFinancial LitigationInsuranceIntellectual PropertyLitigationMergers & AcquisitionsReal EstateSecuritiesTaxMiller Thomson LLPArbitration & MediationBankruptcyCommunicationsCorporateEnvironmentalFinancial LitigationLabor & EmploymentLitigationMergers & AcquisitionsReal EstateSecuritiesTaxMinden Gross LLPFinancial LitigationLitigationMLT Aikins LLPFinancial LitigationReal EstateMorency Societe d’Avocats, S.E.N.C.R.L.PatentOsler, Hoskin & Harcourt LLPBankruptcyCapital MarketsClass ActionCorporateFinancial LitigationLabor & EmploymentLitigationMergers & AcquisitionsReal EstateTaxStewart McKelveyClass ActionFinancial LitigationLitigationStikeman Elliott LLPBankruptcyClass ActionCommunicationsCorporateEnergyEnvironmentalFinancial LitigationIntellectual PropertyLabor & EmploymentLitigationMergers & AcquisitionsReal EstateSecuritiesTaxTradeThornton Grout Finnigan LLPArbitration & MediationBankruptcyCorporateFinancial LitigationLitigationTorys, LLPArbitration & MediationBankruptcyCapital MarketsClass ActionCopyrightCorporateEnvironmentalFinancial LitigationGovernmentHealthcareInsuranceLabor & EmploymentLitigationMergers & AcquisitionsPatentReal EstateSecuritiesTaxTradeWickwire HolmArbitration & MediationBankruptcyInsurance

1.5 Overall City Rates for Large Canadian Law Firms

CalgaryEdmontonHalifaxKitchenerMontrealOttawaQuebec CitySaskatoonSt. John’sTorontoVancouver (Canada)

1.6 Overall Practice Area Rates for Large Canadian Law Firms

AntitrustArbitration & MediationBankruptcyCapital MarketsClass ActionCommunicationsContractsCopyrightCorporateCriminal DefenseCybersecurity and Data PrivacyEnergyEnvironmentalFinancial LitigationGovernmentHealthcareInsuranceIntellectual PropertyLabor & EmploymentLitigationMergers & AcquisitionsPatentPatent ProsecutionReal EstateSecuritiesTaxTrade

Section 2: Rates for Large US Law Firms

2.1 Large US Law Firms Consolidated

Akin Gump Strauss Hauer & Feld LLP

2.2 Overall Rates by Individual Large US Law Firm

Baker McKenzieCozen O’ConnorDavis Polk & Wardwell LLPDebevoise & Plimpton LLPDeloitte Touche Tohmatsu LimitedDickinson Wright PLLCDLA Piper LLP (US)EY Law LLPHeenan Blaikie LLPJones DayKirkland & Ellis LLPKPMG International LimitedKroll Inc. Kroll Associates, Inc.Kutak Rock LLPLatham & Watkins LLPLowenstein Sandler PCMiller, Canfield, Paddock and Stone, P.L.C.Morrison & Foerster LLPNorton Rose FulbrightPaul, Weiss, Rifkind, Wharton & Garrison LLPProskauer Rose LLPShearman & Sterling LLPSidley Austin LLPSkadden, Arps, Slate, Meagher & Flom LLPSquire Patton BoggsTroutman Pepper Hamilton Sanders LLPWeil, Gotshal & Manges LLPWhite & Case LLPWiley Rein LLPWillkie Farr & Gallagher LLP

2.3 City Rates for Individual Large US Law Firms

Akin Gump Strauss Hauer & Feld LLPTorontoBaker McKenzieTorontoCozen O’ConnorTorontoDavis Polk & Wardwell LLPTorontoDebevoise & Plimpton LLPVancouver (Canada)Deloitte Touche Tohmatsu LimitedMontrealDickinson Wright PLLCTorontoDLA Piper LLP (US)CalgaryOttawaTorontoVancouver (Canada)EY Law LLPVancouver (Canada)Heenan Blaikie LLPCalgaryOttawaTorontoKirkland & Ellis LLPTorontoMG International LimitedTorontoVancouver (Canada)Kroll Inc. Kroll Associates, Inc.TorontoKutak Rock LLPVancouver (Canada)tham & Watkins LLPTorontowenstein Sandler PCTorontoMiller, Canfield, Paddock and Stone, P.L.C.Windsormorrison & Foerster LLPMontrealNorton Rose FulbrightMontrealOttawaTorontoPaul, Weiss, Rifkind, Wharton & Garrison LLPCalgaryTorontoProskauer Rose LLPTorontoShearman & Sterling LLPTorontoSidley Austin LLPTorontoSkadden, Arps, Slate, Meagher & Flom LLPTorontoSquire Patton BoggsTorontoTroutman Pepper Hamilton Sanders LLPTorontoWeil, Gotshal & Manges LLPTorontoWhite & Case LLPTorontoWiley Rein LLPTorontoWillkie Farr & Gallagher LLPToronto

2.4 Practice Area Rates for Individual Large US Law Firms

Akin Gump Strauss Hauer & Feld LLPBankruptcyBaker McKenzieBankruptcyCorporateFinancial LitigationIntellectual PropertyLabor & EmploymentLitigationMergers & AcquisitionsReal EstateTaxTradeCozen O’ConnorTradeDavis Polk & Wardwell LLPCorporateDebevoise & Plimpton LLPLitigationDeloitte Touche Tohmatsu LimitedFinancial LitigationDickinson Wright PLLCCorporateInsuranceDLA Piper LLP (US)BankruptcyCommunicationsCorporateFinancial LitigationLitigationEY Law LLPImmigrationHeenan Blaikie LLPBankruptcyCommunicationsCorporateLitigationJones DayCorporateReal EstateKirkland & Ellis LLPFinancial LitigationKPMG International LimitedBankruptcyFinancial LitigationMergers & AcquisitionsKroll Inc. Kroll Associates, Inc.Cybersecurity and Data PrivacyFinancial LitigationKutak Rock LLPCorporateLatham & Watkins LLPCorporateCybersecurity and Data PrivacyLowenstein Sandler PCLabor & EmploymentMiller, Canfield, Paddock and Stone, P.L.C.BankruptcyCorporateMergers & AcquisitionsReal EstateMorrison & Foerster LLPBankruptcyNorton Rose FulbrightArbitration & MediationBankruptcyCorporateEnvironmentalFinancial LitigationGovernmentLabor & EmploymentLitigationTradePaul, Weiss, Rifkind, Wharton & Garrison LLPCorporateFinancial LitigationLitigationProskauer Rose LLPCorporateShearman & Sterling LLPLitigationSidley Austin LLPLitigationSkadden, Arps, Slate, Meagher & Flom LLPBankruptcyCorporateFinancial LitigationSquire Patton BoggsLitigationTroutman Pepper Hamilton Sanders LLPBankruptcyWeil, Gotshal & Manges LLPBankruptcyCorporateLitigationWhite & Case LLPFinancial LitigationWiley Rein LLPSecuritiesWillkie Farr & Gallagher LLPCorporate

2.5 Overall City Rates for Large US Law Firms

CalgaryMontrealOttawaTorontoVancouver (Canada)Windsor

2.6 Overall Practice Area Rates for Large US Law Firms

Arbitration & MediationBankruptcyCommunicationsCorporateCybersecurity and Data PrivacyEnvironmentalFinancial LitigationGovernmentImmigrationInsuranceIntellectual PropertyLabor & EmploymentLitigationMergers & AcquisitionsReal EstateSecuritiesTaxTrade

For more information about this report visit https://www.researchandmarkets.com/r/uyfdqi

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