2024 Billing Rates Revealed: How Much Are Indian Lawyers Charging?
India Business Law Journal’s annual Billing Rates Survey 2024 reflects changing expectations from both general counsel and law firms amid growing demand for specialised legal expertise, efficiency and cost predictability. Legal heads have expanded their teams, demonstrating clout by reining in substantial legal work that was once farmed out to private practitioners. Law firms are upping their game accordingly, developing practice and industry specialisations to command higher fees. They are also cognisant of general counsel attitudes towards flexible billing arrangements that provide better value for money...
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