A key finding from the 2023 surveys shows that salaries are predicted to increase by 4% on average in 2024. Moreover, almost half of participating firms provide a Wellness Account to their employees with an average dollar amount of $560.
Each year, CBABC partners with the BC Legal Management Association (BCLMA) to produce and distribute two surveys that help BC’s law firms understand the competitive landscape for charge-out rates and business services compensation and benefits. In this changing world, benchmark information is integral for compensation planning.
Charge-Out Rate Survey Report
Are your charge-out rates giving you a market edge? This survey includes charge-out rates for lawyers (by year of call), support staff, and articling students. Also included: an analysis of the number of hours paralegals are expected to charge to client accounts each year.