September 27, 2023
Doyle's Guide

Pricing Report – Banking & Finance, Brisbane, 2015

A limited pool of market participants and price sensitivity in other related areas (i.e property & construction) sees Queensland’s banking and finance lawyers as presenting particularly good value.  More to the point if it’s a fixed price you’re looking for then all of Queensland’s banking and finance lawyers are happy to offer it, or cap a fee, basically… clients can pretty much nominate they type of fee they want.

Hourly Rates

Where there’s competition there’s keenly competitive hourly rates.  22% of the Queensland market positions a rack rate between $400-$500 per hour and 49% sit within the $500-$600 per hour bracket (the majority sitting at the lower part of such).

Although 29% of the market sit above $600-$700 per hour, anecdotally these rates are all but an illusion with discounts of at least 25% or more taken into account when submitting fee estimates.

In short, the market’s leading firms dominate and will only be beaten on price when they choose.

 

Share this page...
Follow by Email
Facebook
Twitter
LinkedIn
Share

Related posts

Leading Competition Lawyers – Australia, 2023

Doyles Guide

Leading Competition Law Senior Counsel – Australia, 2023

Doyles Guide

Leading Competition Law Junior Counsel – Australia, 2023

Doyles Guide

Leading Competition Law Firms – Australia, 2023

Doyles Guide

Leading Wills, Estates & Succession Planning Lawyers – New South Wales, 2023

Doyles Guide

Leading Wills & Estates Litigation Lawyers – New South Wales, 2023

Doyles Guide

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More