US firms in London muscle in on magic circle rates with 87.5 per cent fee hike
Partner rates at US firms in London have spiralled 87.5 per cent since 2009 with top-end hourly rates hitting £700 per hour, according to new research. An annual hourly rates survey carried out by costs lawyer Jim Diamond has revealed dramatic increases in charge-out rates across the UK legal market, with magic circle rates up 62 […]