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

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Feb 05, 2024, 18:15 ET

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 LLP
Bennett Jones LLP
Blake, Cassels & Graydon LLP
Borden Ladner Gervais LLP
Cassels Brock & Blackwell LLP
Chaitons LLP
Davies Ward Phillips & Vineberg, LLP
Deeth Williams Wall LLP
Fasken
Goldman, Sloan, Nash & Haber LLP
Goodmans, LLP
Gowling WLG
Lawson Lundell LLP
Lunny MacInnes Law Corporation
McCarthy Tetrault LLP
McInnes Cooper
McMillan LLP
Miller Thomson LLP
Minden Gross LLP
MLT Aikins LLP
Morency Societe d'Avocats, S.E.N.C.R.L.
Osler, Hoskin & Harcourt LLP
Stewart McKelvey
Stikeman Elliott LLP
Thornton Grout Finnigan LLP
Torys, LLP
Wickwire Holm

1.3 City Rates for Individual Large Canadian Law Firms

Aird & Berlis LLP
- Toronto
Bennett Jones LLP
- Calgary
- Montreal
- Toronto
Blake, Cassels & Graydon LLP
- Calgary
- Montreal
- Quebec City
- Toronto
  Vancouver (Canada)
Borden Ladner Gervais LLP
- Calgary
- Montreal
- Ottawa
- Toronto
- Vancouver (Canada)
Cassels Brock & Blackwell LLP
- Calgary
- Montreal
- Toronto
- Vancouver (Canada)
Chaitons LLP
- Toronto
Davies Ward Phillips & Vineberg, LLP
- Toronto
Deeth Williams Wall LLP
- Toronto
- Fasken
- Montreal
- Ottawa
- Toronto
- Vancouver (Canada)
Goldman, Sloan, Nash & Haber LLP
- Toronto
Goodmans, LLP
- Ottawa
- Toronto
Gowling WLG
- Calgary
- Kitchener
- Montreal
- Ottawa
- Toronto
- Vancouver (Canada)
Lawson Lundell LLP
- Vancouver (Canada)
Lunny MacInnes Law Corporation
- Vancouver (Canada)
McCarthy Tetrault LLP
- Calgary
- Montreal
- Quebec City
- Toronto
- Vancouver (Canada)
McInnes Cooper
St. John's
McMillan LLP
- Toronto
- Vancouver (Canada)
Miller Thomson LLP
- Calgary
- Edmonton
- Kitchener
- Montreal
- Saskatoon
- Toronto
- Vancouver (Canada)
Minden Gross LLP
- Toronto
MLT Aikins LLP
- Toronto
Morency Societe d'Avocats, S.E.N.C.R.L.
- Montreal
Osler, Hoskin & Harcourt LLP
- Montreal
- Toronto
- Stewart McKelvey
St. John's
Stikeman Elliott LLP
- Montreal
- Ottawa
- Toronto
- Vancouver (Canada)
Thornton Grout Finnigan LLP
- Toronto
Torys, LLP
- Calgary
- Montreal
- Toronto
Wickwire Holm
- Halifax

1.4 Practice Area Rates for Individual Large Canadian Law Firms

Aird & Berlis LLP
- Corporate
- Intellectual Property
- Labor & Employment
- Litigation
- Real Estate
- Tax
Bennett Jones LLP
- Bankruptcy
- Corporate
- Financial Litigation
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Real Estate
- Tax
- Trade
Blake, Cassels & Graydon LLP
- Bankruptcy
- Class Action
- Energy
- Environmental
- Financial Litigation
- Intellectual Property
- Litigation
- Real Estate
Borden Ladner Gervais LLP
- Bankruptcy
- Corporate
- Financial Litigation
- Healthcare
- Insurance
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Real Estate
- Securities
- Tax
Cassels Brock & Blackwell LLP
- Antitrust
- Bankruptcy
- Class Action
- Contracts
- Corporate
- Cybersecurity and Data Privacy
- Financial Litigation
- Healthcare
- Insurance
- Intellectual Property
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Securities
- Tax
Chaitons LLP
- Bankruptcy
- Litigation
Davies Ward Phillips & Vineberg, LLP
- Arbitration & Mediation
- Corporate
- Environmental
- Financial Litigation
- Litigation
- Mergers & Acquisitions
Deeth Williams Wall LLP
- Healthcare
- Fasken
- Bankruptcy
- Class Action
- Communications
- Corporate
- Cybersecurity and Data Privacy
- Financial Litigation
- Intellectual Property
- Labor & Employment
- Litigation
- Real Estate
- Securities
- Tax
- Trade
Goldman, Sloan, Nash & Haber LLP
- Bankruptcy
- Litigation
- Real Estate
Goodmans, LLP
- Bankruptcy
- Corporate
- Financial Litigation
- Healthcare
- Intellectual Property
- Litigation
- Mergers & Acquisitions
- Real Estate
- Securities
- Tax
Gowling WLG
- Bankruptcy
- Capital Markets
- Corporate
- Criminal Defense
- Cybersecurity and Data Privacy
- Energy
- Environmental
- Financial Litigation
- Healthcare
- Insurance
- Intellectual Property
- Labor & Employment
- Litigation
- Patent
- Real Estate
- Tax
Lawson Lundell LLP
- Bankruptcy
- Corporate
- Litigation
Lunny MacInnes Law Corporation
- Corporate
- Litigation
McCarthy Tetrault LLP
- Antitrust
- Arbitration & Mediation
- Bankruptcy
- Capital Markets
- Class Action
- Contracts
- Corporate
- Financial Litigation
- Government
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Patent Prosecution
- Real Estate
- Securities
- Tax
McInnes Cooper
- Class Action
McMillan LLP
- Bankruptcy
- Capital Markets
- Class Action
- Corporate
- Financial Litigation
- Insurance
- Intellectual Property
- Litigation
- Mergers & Acquisitions
- Real Estate
- Securities
- Tax
Miller Thomson LLP
- Arbitration & Mediation
- Bankruptcy
- Communications
- Corporate
- Environmental
- Financial Litigation
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Real Estate
- Securities
- Tax
Minden Gross LLP
- Financial Litigation
- Litigation
MLT Aikins LLP
- Financial Litigation
- Real Estate
Morency Societe d'Avocats, S.E.N.C.R.L.
- Patent
Osler, Hoskin & Harcourt LLP
- Bankruptcy
- Capital Markets
- Class Action
- Corporate
- Financial Litigation
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Real Estate
- Tax
Stewart McKelvey
- Class Action
- Financial Litigation
- Litigation
Stikeman Elliott LLP
- Bankruptcy
- Class Action
- Communications
- Corporate
- Energy
- Environmental
- Financial Litigation
- Intellectual Property
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Real Estate
- Securities
- Tax
- Trade
Thornton Grout Finnigan LLP
- Arbitration & Mediation
- Bankruptcy
- Corporate
- Financial Litigation
- Litigation
Torys, LLP
- Arbitration & Mediation
- Bankruptcy
- Capital Markets
- Class Action
- Copyright
- Corporate
- Environmental
- Financial Litigation
- Government
- Healthcare
- Insurance
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Patent
- Real Estate
- Securities
- Tax
- Trade
Wickwire Holm
- Arbitration & Mediation
- Bankruptcy
- Insurance

1.5 Overall City Rates for Large Canadian Law Firms

Calgary
Edmonton
Halifax
Kitchener
Montreal
Ottawa
Quebec City
Saskatoon
St. John's
Toronto
Vancouver (Canada)

1.6 Overall Practice Area Rates for Large Canadian Law Firms

Antitrust
Arbitration & Mediation
Bankruptcy
Capital Markets
Class Action
Communications
Contracts
Copyright
Corporate
Criminal Defense
Cybersecurity and Data Privacy
Energy
Environmental
Financial Litigation
Government
Healthcare
Insurance
Intellectual Property
Labor & Employment
Litigation
Mergers & Acquisitions
Patent
Patent Prosecution
Real Estate
Securities
Tax
Trade

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 McKenzie
Cozen O'Connor
Davis Polk & Wardwell LLP
Debevoise & Plimpton LLP
Deloitte Touche Tohmatsu Limited
Dickinson Wright PLLC
DLA Piper LLP (US)
EY Law LLP
Heenan Blaikie LLP
Jones Day
Kirkland & Ellis LLP
KPMG International Limited
Kroll Inc. Kroll Associates, Inc.
Kutak Rock LLP
Latham & Watkins LLP
Lowenstein Sandler PC
Miller, Canfield, Paddock and Stone, P.L.C.
Morrison & Foerster LLP
Norton Rose Fulbright
Paul, Weiss, Rifkind, Wharton & Garrison LLP
Proskauer Rose LLP
Shearman & Sterling LLP
Sidley Austin LLP
Skadden, Arps, Slate, Meagher & Flom LLP
Squire Patton Boggs
Troutman Pepper Hamilton Sanders LLP
Weil, Gotshal & Manges LLP
White & Case LLP
Wiley Rein LLP
Willkie Farr & Gallagher LLP

2.3 City Rates for Individual Large US Law Firms

Akin Gump Strauss Hauer & Feld LLP
- Toronto
Baker McKenzie
- Toronto
Cozen O'Connor
- Toronto
Davis Polk & Wardwell LLP
- Toronto
Debevoise & Plimpton LLP
- Vancouver (Canada)
Deloitte Touche Tohmatsu Limited
- Montreal
Dickinson Wright PLLC
- Toronto
DLA Piper LLP (US)
- Calgary
- Ottawa
- Toronto
- Vancouver (Canada)
EY Law LLP
- Vancouver (Canada)
Heenan Blaikie LLP
- Calgary
- Ottawa
- Toronto
Kirkland & Ellis LLP
- Toronto
MG International Limited
- Toronto
- Vancouver (Canada)
Kroll Inc. Kroll Associates, Inc.
- Toronto
Kutak Rock LLP
- Vancouver (Canada)
tham & Watkins LLP
- Toronto
wenstein Sandler PC
- Toronto
Miller, Canfield, Paddock and Stone, P.L.C.
Windsor
morrison & Foerster LLP
- Montreal
Norton Rose Fulbright
- Montreal
- Ottawa
- Toronto
Paul, Weiss, Rifkind, Wharton & Garrison LLP
- Calgary
- Toronto
Proskauer Rose LLP
- Toronto
Shearman & Sterling LLP
- Toronto
Sidley Austin LLP
- Toronto
Skadden, Arps, Slate, Meagher & Flom LLP
- Toronto
Squire Patton Boggs
- Toronto
Troutman Pepper Hamilton Sanders LLP
- Toronto
Weil, Gotshal & Manges LLP
- Toronto
White & Case LLP
- Toronto
Wiley Rein LLP
- Toronto
Willkie Farr & Gallagher LLP
- Toronto

2.4 Practice Area Rates for Individual Large US Law Firms

Akin Gump Strauss Hauer & Feld LLP
- Bankruptcy
- Baker McKenzie
- Bankruptcy
- Corporate
- Financial Litigation
- Intellectual Property
- Labor & Employment
- Litigation
- Mergers & Acquisitions
- Real Estate
- Tax
- Trade
Cozen O'Connor
- Trade
Davis Polk & Wardwell LLP
- Corporate
Debevoise & Plimpton LLP
- Litigation
Deloitte Touche Tohmatsu Limited
- Financial Litigation
Dickinson Wright PLLC
- Corporate
- Insurance
DLA Piper LLP (US)
- Bankruptcy
- Communications
- Corporate
- Financial Litigation
- Litigation
EY Law LLP
- Immigration
Heenan Blaikie LLP
- Bankruptcy
- Communications
- Corporate
- Litigation
Jones Day
- Corporate
- Real Estate
Kirkland & Ellis LLP
- Financial Litigation
KPMG International Limited
- Bankruptcy
- Financial Litigation
- Mergers & Acquisitions
Kroll Inc. Kroll Associates, Inc.
- Cybersecurity and Data Privacy
- Financial Litigation
Kutak Rock LLP
- Corporate
Latham & Watkins LLP
- Corporate
- Cybersecurity and Data Privacy
Lowenstein Sandler PC
- Labor & Employment
Miller, Canfield, Paddock and Stone, P.L.C.
- Bankruptcy
- Corporate
- Mergers & Acquisitions
- Real Estate
Morrison & Foerster LLP
- Bankruptcy
Norton Rose Fulbright
- Arbitration & Mediation
- Bankruptcy
- Corporate
- Environmental
- Financial Litigation
- Government
- Labor & Employment
- Litigation
- Trade
Paul, Weiss, Rifkind, Wharton & Garrison LLP
- Corporate
- Financial Litigation
- Litigation
Proskauer Rose LLP
- Corporate
Shearman & Sterling LLP
- Litigation
Sidley Austin LLP
- Litigation
Skadden, Arps, Slate, Meagher & Flom LLP
- Bankruptcy
- Corporate
- Financial Litigation
Squire Patton Boggs
- Litigation
Troutman Pepper Hamilton Sanders LLP
- Bankruptcy
Weil, Gotshal & Manges LLP
- Bankruptcy
- Corporate
- Litigation
White & Case LLP
- Financial Litigation
Wiley Rein LLP
- Securities
Willkie Farr & Gallagher LLP
- Corporate

2.5 Overall City Rates for Large US Law Firms

Calgary
Montreal
Ottawa
Toronto
Vancouver (Canada)
Windsor

2.6 Overall Practice Area Rates for Large US Law Firms

Arbitration & Mediation
Bankruptcy
Communications
Corporate
Cybersecurity and Data Privacy
Environmental
Financial Litigation
Government
Immigration
Insurance
Intellectual Property
Labor & Employment
Litigation
Mergers & Acquisitions
Real Estate
Securities
Tax
Trade

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

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