SOUTH FLORIDA LAWYER'S BILLING RATES RISE IN 2009
Despite the economic downtown and reports that many clients are demanding reduced and discounted rates, the rates of the top billing attorneys in South Florida continues to rise, according to the Miami Daily Review. More partners are charging more than $500.00 per hour, with Mark Bloom of Greenberg Traurig charging the highest reported rate at $765.00 per hour. The Review also reports that industry experts report that alternative pay arrangements to hourly billing are becoming more common. The Review's study was not comprehensive finding much of their information from the bankruptcy court which requires attorneys to disclose their billing arrangements through fee applications.