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ALM Legal Intelligence Launches Law Firm Billing Rates Database

NEW YORK, April 4, 2013 (GLOBE NEWSWIRE) -- ALM Legal Intelligence, which offers detailed business information and market data for and about the legal industry, has introduced a new Billing Rates Database product for obtaining insight into the billing rates of attorneys nationwide.

"Accurate data for attorney billing rates is hard to come by, so this product will be a powerful asset for law firm management teams to benchmark specific rates based on practice area and region," said Kevin Iredell, vice president of research and continuing education products at ALM. "This new offering provides valuable benchmarks for law firms to assess how their attorney billing rates compare to their competitors and to monitor the average rates within specific markets or areas of practice that may be of strategic interest to the firm."

The database contains billing records for more than 60,000 legal professionals and was built by the ALM research team by reviewing public records from 2006 to present. The database is searchable by attorney name, law firm, title, practice area, year graduated, range of billing rate and billing rate within a specific year. All search results can be downloaded into a Microsoft Excel spreadsheet for further analysis and reporting.

The product was designed primarily for use by senior administrative professionals inside law firms, such as heads of finance, marketing and operations. It will also be a useful tool for law firm partners and law firm librarians.

The product can be purchased with either a stand-alone annual subscription or as an add-on to a traditional ALM Legal Intelligence database subscription. For more information, please go to http://almlegalintel.com/ALI/billingrates.

About ALM Legal Intelligence

ALM Legal Intelligence (www.almlegalintel.com) offers detailed business information for and about the legal industry, focused on the top U.S. and international law firms. The division's online research Web service, www.almlegalintel.com, provides subscribers with direct, on-demand access to ALM Legal Intelligence's extensive database of surveys, rankings and lists related to law firms and the legal industry. ALM Legal Intelligence is a division of ALM.

About ALM

ALM, an integrated media company, is a leading provider of specialized business news, research and information, focused primarily on the legal and commercial real estate sectors. ALM's market-leading brands include The American Lawyer, Corporate Counsel, GlobeSt.com, Insight Conferences, Law.com, Law Journal Press, Law Technology News, LegalTech, The National Law Journal and Real Estate Forum. Headquartered in New York City, ALM was formed in 1997. For more information, visit www.alm.com.

ALM, The American Lawyer, Corporate Counsel, GlobeSt.com, Insight Conferences, Law.com, Law Journal Press, Law Technology News, LegalTech, The National Law Journal and Real Estate Forum are trademarks or registered trademarks of ALM Media Properties, LLC.

CONTACT: Media Contact: Daryn Teague Teague Communications 661.297.5292 or dteague@teaguecommunications.comSource: ALM