In 2023, medical malpractice law firms had the highest collection rate in the United States. In that year, on average, almost all bills were collected by firms specializing in medical malpractice law. The collection rate is measured as the amount that a firm collects compared to the amount invoiced.
Average collection rate of law firms in the United States from 2020 to 2023, by practice area
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Clio. (December 18, 2023). Average collection rate of law firms in the United States from 2020 to 2023, by practice area [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/940853/legal-services-collection-rates-practice-area-united-states/
Clio. "Average collection rate of law firms in the United States from 2020 to 2023, by practice area." Chart. December 18, 2023. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/940853/legal-services-collection-rates-practice-area-united-states/
Clio. (2023). Average collection rate of law firms in the United States from 2020 to 2023, by practice area. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/940853/legal-services-collection-rates-practice-area-united-states/
Clio. "Average Collection Rate of Law Firms in The United States from 2020 to 2023, by Practice Area." Statista, Statista Inc., 18 Dec 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/940853/legal-services-collection-rates-practice-area-united-states/
Clio, Average collection rate of law firms in the United States from 2020 to 2023, by practice area Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/940853/legal-services-collection-rates-practice-area-united-states/ (last visited September 20, 2024)
Average collection rate of law firms in the United States from 2020 to 2023, by practice area [Graph], Clio, December 18, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/940853/legal-services-collection-rates-practice-area-united-states/