The Valeo 2021 - 2024 Canada Law Firm Hourly Rate Report details the average hourly rates by Position (Senior Partner – 25 years or more since graduation year, Partner – 24 years and less, Counsel, Senior Associate – 5 years or more and Associate - 4 years and less) of law firms in Canada - The Canada 7 and others, US AMLAW 200 and US non-AMLAW by overall and individual practice areas (all litigation and transactional practices).
The report gives users real-time insight into rate changes and trends from for year to year. The rate data and related details of this Report were taken directly from the Valeo Attorney Hourly Rate and LPM Pricing Platform.
Average hourly rates are denominated in USD. If the original rates were denominated in CAD, then they have been converted to USD.
Table of Contents
Valeo 2024 Canada Report
Valeo Research and Reporting Methodology
Section 1: Rates for Large Canadian Law Firms
1.1 Large Canadian Law Firms Consolidated
1.2 Overall Rates by Individual Large Canadian Law Firms
- Blake, Cassels & Graydon LLP
- Davies Ward Phillips & Vineberg, LLP
- Goodmans, LLP
- McCarthy Tetrault LLP
- Osler, Hoskin & Harcourt LLP
- Stikeman Elliott LLP
- Torys, LLP
- Aird & Berlis LLP
- Bennett Jones LLP
- Borden Ladner Gervais LLP
- Cassels Brock & Blackwell LLP
- Chaitons LLP
- Deeth Williams Wall LLP
- Fasken
- Goldman, Sloan, Nash & Haber LLP
- Gowling WLG
- Lawson Lundell LLP
- McInnes Cooper
- McMillan LLP
- Miller Thomson LLP
- Minden Gross LLP
- MLT Aikins LLP
- Morency Societe d'Avocats, S.E.N.C.R.L.
- Stewart McKelvey
- Thornton Grout Finnigan LLP
- Wickwire Holm
1.3 City Rates for Individual Large Canadian Law Firms
- Blake, Cassels & Graydon LLP
- Calgary
- Montreal
- Quebec City
- Toronto
- Vancouver (Canada)
- Davies Ward Phillips & Vineberg, LLP
- Toronto
- Goodmans, LLP
- Ottawa
- Toronto
- McCarthy Tetrault LLP
- Calgary
- Montreal
- Quebec City
- Toronto
- Vancouver (Canada)
- Osler, Hoskin & Harcourt LLP
- Montreal
- Toronto
- Stikeman Elliott LLP
- Montreal
- Ottawa
- Toronto
- Vancouver (Canada)
- Torys, LLP
- Calgary
- Montreal
- Toronto
- Aird & Berlis LLP
- Toronto
- Bennett Jones LLP
- Calgary
- Montreal
- Toronto
- Vancouver (Canada)
- Borden Ladner Gervais LLP
- Calgary
- Montreal
- Ottawa
- Toronto
- Vancouver (Canada)
- Cassels Brock & Blackwell LLP
- Calgary
- Montreal
- Toronto
- Vancouver (Canada)
- Chaitons LLP
- Toronto
- Deeth Williams Wall LLP
- Toronto
- Fasken
- Montreal
- Ottawa
- Toronto
- Vancouver (Canada)
- Goldman, Sloan, Nash & Haber LLP
- Toronto
- Gowling WLG
- Calgary
- Hamilton
- Kitchener
- Montreal
- Ottawa
- Toronto
- Vancouver (Canada)
- Lawson Lundell LLP
- Vancouver (Canada)
- McInnes Cooper
- St. John's
- McMillan LLP
- Toronto
- Vancouver (Canada)
- Miller Thomson LLP
- Calgary
- Edmonton
- Kitchener
- Montreal
- Saskatoon
- Toronto
- Vancouver (Canada)
- Minden Gross LLP
- Toronto
- MLT Aikins LLP
- Toronto
- Morency Societe d'Avocats, S.E.N.C.R.L.
- Montreal
- Stewart McKelvey
- St. John's
- Thornton Grout Finnigan LLP
- Toronto
- Wickwire Holm
- Halifax
1.4 Practice Area Rates for Individual Large Canadian Law Firms
- Blake, Cassels & Graydon LLP
- Bankruptcy/Restructuring/Reorganization
- Class Action
- Commercial Litigation
- Energy
- Environmental
- Finance
- Intellectual Property
- Mergers & Acquisitions
- Pharmaceuticals & Chemicals
- Real Estate
- Tax
- Trademark
- Davies Ward Phillips & Vineberg, LLP
- Alternative Dispute Resolution
- Commercial Litigation
- Corporate/Corporate Transactions & Securities
- Environmental
- Finance
- Mergers & Acquisitions
- Goodmans, LLP
- Bankruptcy/Restructuring/Reorganization
- Commercial Litigation
- Corporate/Corporate Transactions & Securities
- Finance
- Healthcare
- Intellectual Property
- Mergers & Acquisitions
- Real Estate
- Research Support
- Securities
- Tax
- McCarthy Tetrault LLP
- Alternative Dispute Resolution
- Antitrust
- Bankruptcy/Restructuring/Reorganization
- Capital Markets
- Class Action
- Commercial Litigation
- Compensation/Executive Compensation
- Corporate/Corporate Transactions & Securities
- Equities
- Finance
- Franchise & Distribution
- Labor & Employment
- Mergers & Acquisitions
- Patent Prosecution
- Public Sector Finance General Counsel
- Real Estate
- Regulatory
- Securities
- Tax
- Transportation
- Osler, Hoskin & Harcourt LLP
- Bankruptcy/Restructuring/Reorganization
- Capital Markets
- Class Action
- Commercial Litigation
- Corporate/Corporate Transactions & Securities
- Employee Benefits
- Finance
- Labor & Employment
- Litigation Support Services
- Mergers & Acquisitions
- Public Sector General Counsel
- Real Estate
- Tax
- Stikeman Elliott LLP
- Bankruptcy/Restructuring/Reorganization
- Class Action
- Commercial Litigation
- Communications
- Corporate/Corporate Transactions & Securities
- Employee Benefits
- Energy
- Environmental
- Finance
- Intellectual Property
- International
- Investment Management
- Labor & Employment
- Mergers & Acquisitions
- Public Sector Tax Counsel
- Real Estate
- Securities
- Tax
- Transactional
- Torys, LLP
- Advisory
- Alternative Dispute Resolution
- Bankruptcy/Restructuring/Reorganization
- Capital Markets
- Class Action
- Commercial Litigation
- Compliance & Correction
- Copyright
- Corporate/Corporate Transactions & Securities
- Employee Benefits
- Environmental
- Estate Planning & Administration
- Finance
- Food & Alcohol Industry
- Insurance
- International
- Litigation Support Services
- Mergers & Acquisitions
- Patent
- Pension & Welfare
- Private Equity
- Real Estate
- Regulatory
- Securities
- Tax
- Aird & Berlis LLP
- Commercial Litigation
- Corporate/Corporate Transactions & Securities
- Intellectual Property
- Labor & Employment
- Real Estate
- Tax
- Bennett Jones LLP
- Bankruptcy/Restructuring/Reorganization
- Commercial Litigation
- Corporate/Corporate Transactions & Securities
- Employee Benefits
- Finance
- International Trade
- Labor & Employment
- Mergers & Acquisitions
- Real Estate
- Securities
- Tax
- Borden Ladner Gervais LLP
- Bankruptcy/Restructuring/Reorganization
- Commercial Litigation
- Corporate/Corporate Transactions & Securities
- Employee Benefits
- Finance
- Forensics
- Healthcare
- Insurance
- Labor & Employment
- Land Use, Zoning, & Development
- Mergers & Acquisitions
- Real Estate
- Securities
- Tax
- Transportation
- Cassels Brock & Blackwell LLP
- Antitrust
- Bankruptcy/Restructuring/Reorganization
- Class Action
- Commercial Litigation
- Constitutional Law
- Corporate/Corporate Transactions & Securities
- Education
- Entertainment
- Finance
- Franchise & Distribution
- Insurance
- Intellectual Property
- Labor & Employment
- Mergers & Acquisitions
- Securities
- Tax
- Technology including Emerging Technology
- Chaitons LLP
- Bankruptcy/Restructuring/Reorganization
- Commercial Litigation
- Deeth Williams Wall LLP
- Healthcare
- Fasken
- Bankruptcy/Restructuring/Reorganization
- Class Action
- Commercial Litigation
- Corporate/Corporate Transactions & Securities
- Creditor Rights
- Finance
- Intellectual Property
- International
- Labor & Employment
- Real Estate
- Securities
- Tax
- Technology including Emerging Technology
- Telecommunications
- Goldman, Sloan, Nash & Haber LLP
- Bankruptcy/Restructuring/Reorganization
- Commercial Litigation
- Real Estate
- Gowling WLG
- Bankruptcy/Restructuring/Reorganization
- Capital Markets
- Commercial Litigation
- Corporate Governance
- Corporate/Corporate Transactions & Securities
- eMatters
- Energy
- Environmental
- Finance
- Healthcare
- Insurance
- Intellectual Property
- Labor & Employment
- Land Use, Zoning, & Development
- Patent
- Pension & Welfare
- Public Sector Municipal Counsel
- Real Estate
- Tax
- White Collar Criminal Defense
- Lawson Lundell LLP
- Bankruptcy/Restructuring/Reorganization
- Commercial Litigation
- Corporate/Corporate Transactions & Securities
- McInnes Cooper
- Class Action
- McMillan LLP
- Bankruptcy/Restructuring/Reorganization
- Capital Markets
- Class Action
- Commercial Litigation
- Corporate/Corporate Transactions & Securities
- Finance
- Insurance
- Intellectual Property
- Mergers & Acquisitions
- Real Estate
- Securities
- Tax
- Miller Thomson LLP
- Alternative Dispute Resolution
- Bankruptcy/Restructuring/Reorganization
- Commercial Litigation
- Communications
- Corporate/Corporate Transactions & Securities
- Cyber Security
- Environmental
- Finance
- Labor & Employment
- Mergers & Acquisitions
- Real Estate
- Securities
- Tax
- Minden Gross LLP
- Commercial Litigation
- Finance
- MLT Aikins LLP
- Finance
- Real Estate
- Morency Societe d'Avocats, S.E.N.C.R.L.
- Patent
- Stewart McKelvey
- Administrative
- Class Action
- Finance
- Thornton Grout Finnigan LLP
- Alternative Dispute Resolution
- Bankruptcy/Restructuring/Reorganization
- Commercial Litigation
- Corporate/Corporate Transactions & Securities
- Finance
- Wickwire Holm
- Alternative Dispute Resolution
- Bankruptcy/Restructuring/Reorganization
- Insurance
1.5 Overall City Rates for Large Canadian Law Firms
- Calgary
- Edmonton
- Halifax
- Hamilton
- Kitchener
- Montreal
- Ottawa
- Quebec City
- Saskatoon
- St. John's
- Toronto
- Vancouver (Canada)
1.6 Overall Practice Area Rates for Large Canadian Law Firms
- Administrative
- Advisory
- Alternative Dispute Resolution
- Antitrust
- Bankruptcy/Restructuring/Reorganization
- Capital Markets
- Class Action
- Commercial Litigation
- Communications
- Compensation/Executive Compensation
- Compliance & Correction
- Constitutional Law
- Copyright
- Corporate Governance
- Corporate/Corporate Transactions & Securities
- Creditor Rights
- Cyber Security
- Education
- eMatters
- Employee Benefits
- Energy
- Entertainment
- Environmental
- Equities
- Estate Planning & Administration
- Finance
- Food & Alcohol Industry
- Forensics
- Franchise & Distribution
- Healthcare
- Insurance
- Intellectual Property
- International
- International Trade
- Investment Management
- Labor & Employment
- Land Use, Zoning, & Development
- Litigation Support Services
- Mergers & Acquisitions
- Patent
- Patent Prosecution
- Pension & Welfare
- Pharmaceuticals & Chemicals
- Private Equity
- Public Sector Finance General Counsel
- Public Sector General Counsel
- Public Sector Municipal Counsel
- Public Sector Tax Counsel
- Real Estate
- Regulatory
- Research Support
- Securities
- Tax
- Technology including Emerging Technology
- Telecommunications
- Trademark
- Transactional
- Transportation
- White Collar Criminal Defense
Section 2: Rates for Large US Law Firms
2.1 Large US Law Firms Consolidated
2.2 Overall Rates by Individual Large US Law Firm
- #1 Kirkland & Ellis LLP
- #2 Latham & Watkins LLP
- #3 DLA Piper LLP (US)
- #4 Baker McKenzie
- #5 Skadden, Arps, Slate, Meagher & Flom LLP
- #6 Sidley Austin LLP
- #7 White & Case LLP
- #11 Jones Day
- #16 Norton Rose Fulbright
- #22 Paul, Weiss, Rifkind, Wharton & Garrison LLP
- #23 Weil, Gotshal & Manges LLP
- #26 Quinn Emanuel Urquhart & Sullivan, LLP
- #31 Willkie Farr & Gallagher LLP
- #35 Debevoise & Plimpton LLP
- #38 Morrison & Foerster LLP
- #39 Proskauer Rose LLP
- #40 Akin Gump Strauss Hauer & Feld LLP
- #43 Squire Patton Boggs
- #45 Troutman Pepper Hamilton Sanders LLP
- #57 Vinson & Elkins LLP
- #58 Shearman & Sterling LLP
- #74 Cozen O’Connor
- #99 Lowenstein Sandler PC
- #116 Dickinson Wright PLLC
- #124 Kutak Rock LLP
- #145 Wiley Rein LLP
- Deloitte Touche Tohmatsu Limited
- Dentons
- EY Law LLP
- KPMG International Limited
- Kroll Inc. - Kroll Associates, Inc.
- Miller, Canfield, Paddock, and Stone, P.L.C.
2.3 City Rates for Individual Large US Law Firms
- #1 Kirkland & Ellis LLP
- Quebec City
- Toronto
- #2 Latham & Watkins LLP
- Toronto
- #3 DLA Piper LLP (US)
- Calgary
- Ottawa
- Toronto
- Vancouver (Canada)
- #4 Baker McKenzie
- Toronto
- #5 Skadden, Arps, Slate, Meagher & Flom LLP
- Toronto
- #6 Sidley Austin LLP
- Toronto
- #7 White & Case LLP
- Montreal
- Toronto
- #11 Jones Day
- Calgary
- Toronto
- #16 Norton Rose Fulbright
- Montreal
- Ottawa
- Toronto
- #22 Paul, Weiss, Rifkind, Wharton & Garrison LLP
- Calgary
- Toronto
- #23 Weil, Gotshal & Manges LLP
- Toronto
- #26 Quinn Emanuel Urquhart & Sullivan, LLP
- Ottawa
- #31 Willkie Farr & Gallagher LLP
- Toronto
- #35 Debevoise & Plimpton LLP
- Vancouver (Canada)
- #38 Morrison & Foerster LLP
- Montreal
- #39 Proskauer Rose LLP
- Toronto
- #40 Akin Gump Strauss Hauer & Feld LLP
- Toronto
- #43 Squire Patton Boggs
- Toronto
- #45 Troutman Pepper Hamilton Sanders LLP
- Toronto
- #57 Vinson & Elkins LLP
- Vancouver (Canada)
- #58 Shearman & Sterling LLP
- Toronto
- #74 Cozen O’Connor
- Toronto
- #99 Lowenstein Sandler PC
- Toronto
- #116 Dickinson Wright PLLC
- Toronto
- #124 Kutak Rock LLP
- Vancouver (Canada)
- #145 Wiley Rein LLP
- Toronto
- Deloitte Touche Tohmatsu Limited
- Edmonton
- Halifax
- Montreal
- Quebec City
- Toronto
- Vancouver (Canada)
- Dentons
- Calgary
- Montreal
- Ottawa
- Toronto
- Vancouver (Canada)
- EY Law LLP
- Vancouver (Canada)
- KPMG International Limited
- Calgary
- Toronto
- Vancouver (Canada)
- Kroll Inc. - Kroll Associates, Inc.
- Toronto
- Miller, Canfield, Paddock and Stone, P.L.C.
- Windsor
2.4 Practice Area Rates for Individual Large US Law Firms
- #1 Kirkland & Ellis LLP
- Finance
- #2 Latham & Watkins LLP
- Data Management/Analysis
- #3 DLA Piper LLP (US)
- Bankruptcy/Restructuring/Reorganization
- Commercial Litigation
- Communications
- Corporate/Corporate Transactions & Securities
- Finance
- #4 Baker McKenzie
- Administrative
- Bankruptcy/Restructuring/Reorganization
- Commercial Litigation
- Corporate/Corporate Transactions & Securities
- Finance
- Intellectual Property
- International
- Mergers & Acquisitions
- Real Estate
- Tax
- #5 Skadden, Arps, Slate, Meagher & Flom LLP
- Bankruptcy/Restructuring/Reorganization
- Corporate/Corporate Transactions & Securities
- Finance
- #6 Sidley Austin LLP
- Commercial Litigation
- #7 White & Case LLP
- Bankruptcy/Restructuring/Reorganization
- Commercial Litigation
- Finance
- #11 Jones Day
- Corporate/Corporate Transactions & Securities
- Real Estate
- #16 Norton Rose Fulbright
- Alternative Dispute Resolution
- Bankruptcy/Restructuring/Reorganization
- Commercial Litigation
- Corporate/Corporate Transactions & Securities
- Environmental
- Estate Planning & Administration
- Finance
- International Trade
- Regulatory
- Transportation
- #22 Paul, Weiss, Rifkind, Wharton & Garrison LLP
- Bankruptcy/Restructuring/Reorganization
- Commercial Litigation
- Corporate/Corporate Transactions & Securities
- Finance
- #23 Weil, Gotshal & Manges LLP
- Bankruptcy/Restructuring/Reorganization
- Commercial Litigation
- Corporate/Corporate Transactions & Securities
- #26 Quinn Emanuel Urquhart & Sullivan, LLP
- Commercial Litigation
- #31 Willkie Farr & Gallagher LLP
- Corporate/Corporate Transactions & Securities
- #35 Debevoise & Plimpton LLP
- Commercial Litigation
- #38 Morrison & Foerster LLP
- Bankruptcy/Restructuring/Reorganization
- #39 Proskauer Rose LLP
- Corporate/Corporate Transactions & Securities
- #40 Akin Gump Strauss Hauer & Feld LLP
- Bankruptcy/Restructuring/Reorganization
- #43 Squire Patton Boggs
- Commercial Litigation
- #45 Troutman Pepper Hamilton Sanders LLP
- Bankruptcy/Restructuring/Reorganization
- #57 Vinson & Elkins LLP
- Corporate/Corporate Transactions & Securities
- #58 Shearman & Sterling LLP
- Commercial Litigation
- #74 Cozen O'Connor
- International
- #99 Lowenstein Sandler PC
- Labor & Employment
- #116 Dickinson Wright PLLC
- Corporate/Corporate Transactions & Securities
- Insurance
- #124 Kutak Rock LLP
- Corporate/Corporate Transactions & Securities
- #145 Wiley Rein LLP
- Securities
- Deloitte Touche Tohmatsu Limited
- Administrative Support
- Finance
- Tax
- Trade Secret
- Dentons
- Alternative Dispute Resolution
- Aviation/Aerospace
- Bankruptcy/Restructuring/Reorganization
- Commercial Litigation
- Compensation/Executive Compensation
- Corporate/Corporate Transactions & Securities
- Data Privacy & Data Security
- Employee Benefits
- Environmental
- Finance
- Fraud
- Immigration, Naturalization, Residency
- Intellectual Property
- International
- Investment Management
- Labor & Employment
- Real Estate
- Regulatory
- Tax
- Technology including Emerging Technology
- EY Law LLP
- Immigration, Naturalization, Residency
- KPMG International Limited
- Advisory
- Bankruptcy/Restructuring/Reorganization
- Billing/Costs
- Finance
- Mergers & Acquisitions
- Tax
- Kroll Inc. - Kroll Associates, Inc.
- Cyber Security
- Finance
- Investigations Support
- Miller, Canfield, Paddock and Stone, P.L.C.
- Bankruptcy/Restructuring/Reorganization
- Corporate/Corporate Transactions & Securities
- Mergers & Acquisitions
- Real Estate
2.5 Overall City Rates for Large US Law Firms
- Calgary
- Edmonton
- Halifax
- Montreal
- Ottawa
- Quebec City
- Toronto
- Vancouver (Canada)
- Windsor
2.6 Overall Practice Area Rates for Large US Law Firms
- Administrative
- Administrative Support
- Advisory
- Alternative Dispute Resolution
- Aviation/Aerospace
- Bankruptcy/Restructuring/Reorganization
- Billing/Costs
- Commercial Litigation
- Communications
- Compensation/Executive Compensation
- Corporate/Corporate Transactions & Securities
- Cyber Security
- Data Management/Analysis
- Data Privacy & Data Security
- Employee Benefits
- Environmental
- Estate Planning & Administration
- Finance
- Fraud
- Immigration, Naturalization, Residency
- Insurance
- Intellectual Property
- International
- International Trade
- Investigations Support
- Investment Management
- Labor & Employment
- Mergers & Acquisitions
- Real Estate
- Regulatory
- Securities
- Tax
- Technology including Emerging Technology
- Trade Secret
- Transportation
Samples
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Companies Mentioned
- Blake, Cassels & Graydon LLP
- Davies Ward Phillips & Vineberg, LLP
- Goodmans, LLP
- McCarthy Tetrault LLP
- Osler, Hoskin & Harcourt LLP
- Stikeman Elliott LLP
- Torys, LLP
- Aird & Berlis LLP
- Bennett Jones LLP
- Borden Ladner Gervais LLP
- Cassels Brock & Blackwell LLP
- Chaitons LLP
- Deeth Williams Wall LLP
- Fasken
- Goldman, Sloan, Nash & Haber LLP
- Gowling WLG
- Lawson Lundell LLP
- McInnes Cooper
- McMillan LLP
- Miller Thomson LLP
- Minden Gross LLP
- MLT Aikins LLP
- Morency Societe d'Avocats, S.E.N.C.R.L.
- Stewart McKelvey
- Thornton Grout Finnigan LLP
- Wickwire Holm
- #1 Kirkland & Ellis LLP
- #2 Latham & Watkins LLP
- #3 DLA Piper LLP (US)
- #4 Baker McKenzie
- #5 Skadden, Arps, Slate, Meagher & Flom LLP
- #6 Sidley Austin LLP
- #7 White & Case LLP
- #11 Jones Day
- #16 Norton Rose Fulbright
- #22 Paul, Weiss, Rifkind, Wharton & Garrison LLP
- #23 Weil, Gotshal & Manges LLP
- #26 Quinn Emanuel Urquhart & Sullivan, LLP
- #31 Willkie Farr & Gallagher LLP
- #35 Debevoise & Plimpton LLP
- #38 Morrison & Foerster LLP
- #39 Proskauer Rose LLP
- #40 Akin Gump Strauss Hauer & Feld LLP
- #43 Squire Patton Boggs
- #45 Troutman Pepper Hamilton Sanders LLP
- #57 Vinson & Elkins LLP
- #58 Shearman & Sterling LLP
- #74 Cozen O’Connor
- #99 Lowenstein Sandler PC
- #116 Dickinson Wright PLLC
- #124 Kutak Rock LLP
- #145 Wiley Rein LLP
- Deloitte Touche Tohmatsu Limited
- Dentons
- EY Law LLP
- KPMG International Limited
- Kroll Inc. - Kroll Associates, Inc.
- Miller, Canfield, Paddock, and Stone, P.L.C.
Methodology
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