Results of charge-out rate survey released

The New Zealand Law Society has released the results of a survey of charge-out rates for lawyers employed in law firms.

A question on charge-out rates (“what is your usual charge-out rate?”) was included in the 2016 New Zealand Law Society Hays Legal Salary Survey which is now being analysed by Hays. The survey was carried out in early June 2016.

The charge-out rates question drew a response from 21% of all lawyers employed (ie, not partners or directors) in law firms.

While the information is indicative only, the data has been manipulated to remove extremes and to show charge-out rates according to location, years’ experience, size of law firm and gender.

A full summary of results is available here.