Sentences with phrase «pressure on hourly rates»
Expect next year to see acceleration of recent trends in the legal sector, including the ongoing pressure on hourly rates, as well as demands to improve productivity and efficiency.
http://metajure.com/ Not exact matches
The 2.9 % rise in December average hourly earnings «might put a little bit more pressure on the Fed to accelerate the path [of interest rate hikes], but I really don't think it's going to be that significant a push,» said Dan North, chief economist at Euler Hermes North America.
As one expert states in the article, firms are under pressure to offer discounts to their hourly rate, so successful plaintiffs contingency work can counterbalance downward pressure on rates.
Competition will constrain hourly rate growth, so the pressure will remain on partners to keep clients, grow current clients, and to harvest new clients.
When considering individual partner rate changes at the «Largest 50 firms,» the median 1 - year change was 0.7 % and the 3 - year CAGR was -0.4 %, reflecting significant pressure on the «Largest 50» firms from corporate counsel negotiating hourly rates.
However, sector - specific data on changes in average hourly earnings for assisted living properties, as tracked and monitored by the U.S. Bureau of Labor Statistics, do show upward pressure on wage rates.