To help you understand the data you are viewing in LexisNexis® Counsel Benchmarking, please note the following definitions:
- Median: The median rate is the rate at which 50% of the population is above and 50% below. It is different from the average as it is not impacted by very high or very low outlier rates.
- Timeframe for Median: The median rate is calculated using data from the most recent 12 months of data available in the database. Data is uploaded approximately two months after the invoice is paid.
- Timeframe for Year over Year Change: Year over year (YoY) change is calculated as the rate from the most recent 12 month period compared to the rate for the previous 12 month period.