2017 Report of the Economic Survey

Liability insurance cost per attorney in 2016 (Q35)

Number of Firms Reporting Third Quartile 75% What was this firm's liability insurance cost per attorney in 2016? Mean (Average) First Quartile 25% Median (Midpoint)

109

$5,076 $4,447 $4,052 $4,659 $4,124 $5,660 $6,352 $5,724 $5,183 $5,499 $5,105 $5,214 $10,955 $4,321 $4,936 $3,487 $4,092 $3,750 $5,282 $4,967 $5,508 $4,769 $7,434 $4,150 $4,933

$3,223 $3,038 $3,250 $3,151 $2,872 $2,811 $4,452 $4,678 $3,157 $4,371 $3,238 $4,228 $3,144 $3,875 $2,686 $2,983 $3,000 $3,707 $3,253 $2,687 $2,445 ISD

$4,775 $4,265 $3,900 $4,199 $4,114 $4,599 $5,411 $5,068 $4,700 $5,000 $4,449 $5,068 $9,618 $3,600 $4,999 $2,824 $3,284 $3,500 $5,465 $3,972 $4,950 $3,888 $6,700 $5,000 $4,718

$6,141 $5,143 $4,650 $6,000 $5,513 $7,282 $7,560 $6,522 $6,625 $5,687 $6,350 $5,883 $4,738 $6,125 $4,620 $5,038 $4,750 $6,450 $6,900 $6,725 $7,976 ISD

All Firms

8 9

One Two 3-5 6-10 11-30 31-100 101 or More

22 18 30 14 74 18 98 10 8

Number of Attorneys

One Multiple

Number of Major Office Locations Percent of Practice That is IP

75% or More Less than 75%

3 9

Boston CMSA NYC CMSA Washington, DC CMSA Other East Metro Southeast Other Southeast Chicago CMSA Minne.-St. Paul PMSA Other Central Texas Los Angeles CMSA San Francisco CMSA Other West

22

5 6 4 8 7 4 3 5

Location

22

ISD

ISD

$2,347 $3,953

$5,528 $6,263

10

Number of liability claims for IP matters made in the last five years (Q36)

Number of liability claims for IP matters have been made against this firm in the last five years

Number of Firms Reporting

First Quartile 25%

Third Quartile 75%

Mean (Average)

Median (Midpoint)

Number of Attorneys in Firm

14

1.5 1.0 2.2

1.0 1.0 1.0

1.0 1.0 1.5

1.3 1.0 4.0

All Firms

4 6

11-30 31-100

Number of Attorneys

AIPLA Report of the Economic Survey 2017 F-27

Made with FlippingBook Learn more on our blog