Firms face tremendous pressures from cost-conscious clients to be competitive on rates. RATES PLUS, a new rate analysis tool just launched from Peer Monitor helps firm develop successful and profitable rate strategies.

RATES PLUS utilizes data from over 1,500 law firms globally. Subscribers can perform dynamic queries that slice and analyze rates across user-selected combinations of various attributes, including time periods, matter types, practice areas, timekeeper levels, client industries and more. Users can create targeted peer groups based on firms, practices and client industries.

A free pdf discussing how RATES PLUS can help firms create effective rate strategies can be downloaded here.

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