Law firms' average collection rates in the U.S. by practice area 2020-2023

Published by
Raphael Bohne,
Apr 30, 2024
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

© Statista 2025
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

December 2023

Region

United States

Survey time period

2020 to 2023

Number of respondents

1,446 respondents

Special properties

legal professionals

Supplementary notes

Survey method was not stated by the source.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$1,299 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Legal services industry in the U.S. "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Legal services industry in the U.S.

Industry overview

8

Employment

8

Diversity

6

Rates, utilization, and collection

7

Consumer perspectives

3

Further related statistics

3

Further Content: You might find this interesting as well

Statistics

Topics

Legal services industry in the U.S.BigLaw firms in the U.S.Boutique law firms in the U.S.Legal services industry in the UKLegal services industry in Europe
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams of up to 5 people
$1,299 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.