Hourly rates in New Mexico
Lawyers in New Mexico typically charge between $150 and $359 per hour, with the average being $261. For comparison, District of Columbia has the highest average hourly rate at $462 while West Virginia has the lowest average hourly rate at $195.
Hourly rates in New Mexico by practice area
Average hourly rates in New Mexico vary by practice area. The table below includes the average hourly rate for attorneys in different practice areas.
Practice Area |
Average Hourly Rate |
|---|---|
| Administrative | $230 |
| Appellate | $229 |
| Bankruptcy | $296 |
| Business | $310 |
| Civil Litigation | $209 |
| Civil Rights and Constitutional Law | $268 |
| Collections | $284 |
| Commercial Sale of Goods | $303 |
| Construction | $280 |
| Contracts | $276 |
| Corporate | Currently unavailable |
| Criminal | $251 |
| Elder Law | Currently unavailable |
| Employment Labor | Currently unavailable |
| Family | $290 |
| Government | $240 |
| Immigration | $150 |
| Insurance | $242 |
| Intellectual Property | $298 |
| Juvenile | $242 |
| Mediation and Arbitration | $349 |
| Medical Malpractice | $198 |
| Other | $267 |
| Personal Injury | $215 |
| Real Estate | $312 |
| Small Claims | $300 |
| Tax | $237 |
| Traffic Offenses | Currently unavailable |
| Trusts | $359 |
| Wills and Estates | $323 |
| Worker's Compensation | $162 |
Hourly Rates for New Mexico Law Firms
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Not adjusted for cost of living is $237/hour
The average hourly rate for New Mexico law firms (which includes both lawyers and non-lawyers) is $237. The average hourly rate for New Mexico lawyers is $261 and the average for non-lawyers is $143.
For comparison:
- District of Columbia has the highest law firm hourly rate at $427, while West Virginia has the lowest law firm hourly rate at $192.
- District of Columbia has the highest lawyer hourly rates at $462, while West Virginia has the lowest lawyer hourly rate at $195.
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Adjusted for cost of living is $261/hour
When it comes to adjusted rates by state (rates reflecting the cost of living in each state), the average hourly rate for New Mexico law firms (which includes both lawyers and non-lawyers) is $261, while the average hourly rate for New Mexico lawyers is $287 and non-lawyers is $157.
For comparison:- Delaware has the highest law firm hourly rate at $399, while West Virginia has the lowest law firm hourly rate at $215.
- Delaware has the highest lawyer hourly rates at $432, while Alaska has the lowest lawyer hourly rate at $219.
New Mexico's Key Performance Indicators (KPIs)
Key performance indicators (KPIs) offer valuable insights into a firm’s performance. This information helps lawyers understand how they and their employees are contributing to revenue generation, and can be instrumental in identifying areas for continuous improvement.
-
Utilization rate 37%
How many hours individual lawyers put towards revenue-generating work. The national average utilization rate was 34%.
For comparison: Nebraska has the highest utilization rate for law firms at 42%, while New Hampshire has the lowest utilization rate for law firms at 25%. -
Realization rate 92%
How much revenue–generating work is billed to a client after discounts or canceled fees. The national average realization rate was 87%.
For comparison: Idaho has the highest realization rate for law firms at 95%, while West Virginia has the lowest realization rate for law firms at 74%. -
Collection rate 95%
How much invoiced work gets paid to a law firm. The national average collection rate was 93%.
For comparison: District of Columbia has the highest collection rate for law firms at 96%, while West Virginia has the lowest collection rate for law firms at 86%.
New Mexico’s Rates Over the Last Five Reports
Lawyer Rates
Legal Trends Report | Hourly Rate | Adjusted Hourly Rate |
|---|---|---|
| 2024 Legal Trends Report | $287 | $287 |
| 2023 Legal Trends Report | $269 | $269 |
| 2022 Legal Trends Report | $257 | $257 |
| 2021 Legal Trends Report | $256 | $256 |
| 2020 Legal Trends Report | $251 | $251 |
Law Firm Rates
Legal Trends Report | Hourly Rate | Adjusted Hourly Rate |
|---|---|---|
| 2024 Legal Trends Report | $261 | $261 |
| 2023 Legal Trends Report | $243 | $243 |
| 2022 Legal Trends Report | $231 | $231 |
| 2021 Legal Trends Report | $230 | $230 |
| 2020 Legal Trends Report | $227 | $227 |
Non-Lawyer Hourly Rates
Legal Trends Report | Hourly Rate | Adjusted Hourly Rate |
|---|---|---|
| 2024 Legal Trends Report | $157 | $157 |
| 2023 Legal Trends Report | $147 | $147 |
| 2022 Legal Trends Report | $138 | $138 |
| 2021 Legal Trends Report | $141 | $141 |
| 2020 Legal Trends Report | $139 | $139 |
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About Clio’s Hourly Rate Data for Lawyers (Updated 2024)
Clio's Hourly Rate Data is based on aggregated and anonymized data from tens of thousands of legal professionals using Clio. Each year, this data is analyzed and published within the Legal Trends Report, which provides ongoing, in-depth research into the most pressing issues faced by legal professionals.
Read the Legal Trends Report
Frequently Asked Questions
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