Free Motion for Attorney Fees - District Court of Colorado - Colorado

Case 1:03-cv-01973-PSF-MJW

Document 190-4

Filed 12/05/2005

Page 1 of 14

EXHIBIT C

EXHIBIT C

Case 1:03-cv-01973-PSF-MJW

Document 190-4

Filed 12/05/2005

Page 2 of 14

PricewaterhouseCoopers LLP 2005 Billing Rate & Associate Salary Survey plus
Mid-Year Release

Summary of Results
Denver Large - Firms/Prin & Non-Prin Offices
Issued: October 2005

Group Report

Report Contents
Topic Comparison Group Information and Billing Rate & Salary Adjustment Practices Timekeeper Capacity & Leverage Ratios Standard Billing Rates as of July 1, 2005 Annual Adjustments in Timekeeper Standard Billing Rates Timekeeper Average Billable Hours (for the period 7/1/04 through 6/30/05) Timekeeper Average Fees Billed (for the period 7/1/04 through 6/30/05) Associate & Senior Attorney Salaries - by Law School Class Year Associate & Senior Attorney Rate & Salary Adjustments - by Years of Experience Guide to Interpreting the Statistics Presented in this Report Page 1 2 3-4 5-6 7 8 9 10 Appendix

Confidential
This report is intended solely for the information of Partners and authorized employees of the firm.

© 2005 PricewaterhouseCoopers LLP All Rights reserved

Case 1:03-cv-01973-PSF-MJW

Document 190-4
SALARY

Filed 12/05/2005
SURVEY
plus

Page 3 of 14

Page 1

2005 BILLING RATE & ASSOCIATE Mid-Year Release

Group Report

Comparison Group Information
Denver Large - Firms/Prin & Non-Prin Offices
Group Information Number of Members in the Group Your Office or Practice Area is a Member of the Group Defined Size Range 1 of Group Members (# of Attorneys) Maximum Minimum Your Office or Practice Area Size 1 (# of Attorneys) Average Size of Group Members 1 (# of Attorneys in the Office or Practice Area) Reporting Entities Included in the Group (Geographic Comparison Groups Only) Number of Total Firms Number of Principal Offices (including Single Office Firms) Number of Non-Principal Offices 0 1 17 37 18 No

No Maximum 151

Billing Rate & Associate Salary Adjustment Practices
Your Firm
(designated with an X)

Number of Firms Reporting

Date of Last Billing Rate Increase July 1, 2004 - September 30, 2004 October 1, 2004 - January 1, 2005 January 2, 2005 - March 31, 2005 April 1, 2005 - July 1, 2005 Date of Last Associate/Senior Attorney Salary Increase July 1, 2004 - September 30, 2004 October 1, 2004 - January 1, 2005 January 2, 2005 - March 31, 2005 April 1, 2005 - July 1, 2005

1 17 0 0

0 14 1 2

1

Office or Practice Area size as of 7/1/05. For all geographic comparison groups that have a defined size range and include data for total firms and individual offices of multi-office firms, group membership is based on the size of the total firm and not the size of the individual office. This may result in the average size of group members to fall below the minimum size range for the group.

Case 1:03-cv-01973-PSF-MJW

Document 190-4
SALARY

Filed 12/05/2005
SURVEY
plus

Page 4 of 14

Page 2

2005 BILLING RATE & ASSOCIATE Mid-Year Release

Group Report

Denver Large - Firms/Prin & Non-Prin Offices (18 members)

Timekeeper Capacity & Leverage Ratios
Timekeeper Capacity
Total Billable Hours 1
Your Firm % of Total Group

Total Headcount1
Your Firm % of Total Group

Hours

Rank

FTE

Rank

Attorneys
Equity Partners Non-Equity Partners All Partners Associates & Senior Attys All Attorneys Legal Assistants

Leverage Ratios1
Your Firm Ratio Ratio of Other 2 Attorneys to Equity Partners Ratio of Non-Partner Attorneys 3 to Partners Ratio of Non-Partner Timekeepers4 to Partners Ratio of Legal Assistants to Attorneys Rank 1 st Quartile 2.11 1.01 1.38 0.23 Group Median 1.42 0.84 1.16 0.17 3rd Quartile 1.13 0.59 0.85 0.16

Your office or practice area is not a member of the group.
1 2 3 4

For the period 7/1/2004 through 6/30/2005. Other Attorneys includes Non-Equity Partners, Associates, Senior and Staff Attorneys. Non-Partner Attorneys includes Associates, Senior and Staff Attorneys. Non-Partner Timekeepers includes Associates, Senior and Staff Attorneys, Lobbyists, Specialists, Patent Agents, Case Clerks, Law Clerks/Trust Accts and Legal Assistants.

** omitted due to insufficient data less than 75% population response

Case 1:03-cv-01973-PSF-MJW

Document 190-4
SALARY

Filed 12/05/2005
SURVEY
plus

Page 5 of 14

Page 3

2005 BILLING RATE & ASSOCIATE Mid-Year Release

Group Report

Denver Large - Firms/Prin & Non-Prin Offices (18 members)

Partner Standard Billing Rates
As of July 1, 2005

Your Firm Rate Equity Partner Average High Middle Low Average by Years of Experience 10 Years or Less 11 - 15 Years 16 - 20 Years 21 - 25 Years 26 - 30 Years 31 - 35 Years > 35 Years Non-Equity Partner Average High Middle Low Average by Years of Experience 10 Years or Less 11 - 15 Years 16 - 20 Years > 20 Years All Partner Composite High Middle Low Average Rank / Of / 18 / 18 / 18 / 18 /7 /9 /8 / 13 / 17 / 12 /8 1
st

Group Quartile Median $468 383 325 385 $385 358 343 390 398 416 504 3 rd Quartile

$573 440 383 444 ** ** ** 462 500 436 **

$428 336 275 344 ** ** ** 345 365 369 **

/ 13 / 13 / 13 / 13 /8 /5 /7 / 10



$470 383 330 388 ** ** ** 415

$360 323 280 324 $273 290 320 377

$315 275 250 282 ** ** ** 310

/ 18 / 18 / 18 / 18

$575 398 353 413

$473 370 285 380

$429 314 261 318

Your office or practice area is not a member of the group. ** omitted due to insufficient data less than 75% population response

Case 1:03-cv-01973-PSF-MJW

Document 190-4
SALARY

Filed 12/05/2005
SURVEY
plus

Page 6 of 14

Page 4

2005 BILLING RATE & ASSOCIATE Mid-Year Release

Group Report

Denver Large - Firms/Prin & Non-Prin Offices (18 members)

Timekeeper Standard Billing Rates
As of July 1, 2005

Your Firm Rate Associates & Senior Attys Class of 2005 2004 2003 2002 2001 2000 1999 1998 Prior All Associates & Senior Attys Other Attorney Average Of Counsel Staff Attorneys All Attorney Average 1 Other Timekeeper Average Lobbyists Specialists Lit. Support/Patent Agents Case Clerks Law Clerks/Trust Accts. Legal Assistants High Middle Low Average Rank / Of 1
st

Group Quartile Median 3 rd Quartile

/ 10 /9 / 13 / 15 / 14 / 13 / 15 / 15 / 18





** 194 ** 230 273 283 303 325 321 273 ** ** **

** 185 194 215 240 245 256 280 293 234 $327 210 $320

** 174 ** 190 213 202 210 245 264 220 ** ** **

/9 /5 /9

/5 / 15 / 15 / 15 / 15

** ** ** ** ** $183 168 138 166

** ** ** ** 144 $170 150 115 150

** ** ** ** ** $138 132 93 123

Your office or practice area is not a member of the group.
1

Includes Partners, Associates, Senior and Staff Attorneys and Of Counsel Attorneys.

** omitted due to insufficient data less than 75% population response

Case 1:03-cv-01973-PSF-MJW

Document 190-4
SALARY

Filed 12/05/2005
SURVEY
plus

Page 7 of 14

Page 5

2005 BILLING RATE & ASSOCIATE Mid-Year Release

Group Report

Denver Large - Firms/Prin & Non-Prin Offices (18 members)

Annual Adjustments in Timekeeper Standard Billing Rates
As of July 1, 2005

Rate Equity Partners High Middle Low Average Non-Equity Partners High Middle Low Average All Partner Composite High Middle Low Average Associates & Senior Attys Class of 2004 2003 2002 2001 2000 1999 1998 Prior Of Counsel Atty Average Staff Attorney Average Legal Assistants High Middle Low Average

Your Firm % Change from 7/1/04 Rank / Of

1 st

Group % Change from 7/1/04 Quartile 3 rd Quartile Median

/ 17 / 17 / 17 / 17 / 11 / 11 / 11 / 11 / 17 / 17 / 17 / 17

5.7 8.5 9.2 7.9 10.0 10.3 6.4 7.7 5.7 6.1 7.1 5.1

2.9 5.6 6.3 5.7 5.3 5.6 3.9 4.5 2.9 5.1 3.8 4.6

0.0 4.0 3.8 4.1 3.9 (1.2) (3.4) (1.3) 0.0 3.5 1.5 3.5

/8 /6 / 12 / 10 /8 / 13 / 14



** ** ** 18.2 14.4 ** 14.3 10.3 ** **

** 14.7 14.3 13.9 9.5 10.4 9.2 7.1 3.5 ** 4.7 8.7 5.2 6.4

** ** ** 8.5 3.8 ** 4.8 4.8 ** ** 0.6 5.6 0.9 1.2

/6

/ 14 / 14 / 14 / 14

8.2 12.4 8.3 10.8

Your office or practice area is not a member of the group. ** omitted due to insufficient data less than 75% population response

Case 1:03-cv-01973-PSF-MJW

Document 190-4
SALARY

Filed 12/05/2005
SURVEY
plus

Page 8 of 14

Page 6

2005 BILLING RATE & ASSOCIATE Mid-Year Release

Group Report

Denver Large - Firms/Prin & Non-Prin Offices (18 members)

Annual Adjustments in Timekeeper Standard Billing Rates
As of July 1, 2005

Rate Equity Partners High Middle Low Average Non-Equity Partners High Middle Low Average All Partner Composite High Middle Low Average Associates & Senior Attys Class of 2003 2002 2001 2000 1999 1998 Prior Of Counsel Atty Average Staff Attorney Average Legal Assistants High Middle Low Average

Your Firm % Change from 7/1/03 Rank / Of

1 st

Group % Change from 7/1/03 Quartile 3 rd Quartile Median

/ 17 / 17 / 17 / 17 /9 /9 /9 /9 / 17 / 17 / 17 / 17

13.5 13.8 18.3 14.6 ** ** ** ** 15.0 13.3 10.2 14.2

8.8 11.8 10.2 9.9 10.6 0.0 0.0 1.7 10.6 11.3 8.5 9.3

4.4 8.1 8.5 8.7 ** ** ** ** 4.4 6.3 4.2 3.9

/9 / 10 / 12 / 10 / 12 / 14



** ** 34.0 37.1 23.4 29.1 18.6 ** ** 23.3 22.4 23.8 23.2

** 31.1 30.1 21.2 17.6 21.8 14.8 10.1 11.8 12.7 16.8 13.9 17.1

** ** 27.6 15.9 14.7 12.0 11.1 ** ** 0.6 11.0 (5.0) 9.9

/7 /5 / 14 / 14 / 14 / 14

Your office or practice area is not a member of the group. ** omitted due to insufficient data less than 75% population response

Case 1:03-cv-01973-PSF-MJW

Document 190-4
SALARY

Filed 12/05/2005
SURVEY
plus

Page 9 of 14

Page 7

2005 BILLING RATE & ASSOCIATE Mid-Year Release

Group Report

Denver Large - Firms/Prin & Non-Prin Offices (18 members)

Timekeeper Average Billable Hours
For the period 7/1/2004 through 6/30/2005

Your Firm Average Hours Rank Equity Partner Average Years of Experience 10 Years or Less 11 - 15 Years 16 - 20 Years 21 - 25 Years 26 - 30 Years 31 - 35 Years > 35 Years All Equity Partners Non-Equity Partner Average Years of Experience 10 Years or Less 11 - 15 Years 16 - 20 Years > 20 Years All Non-Equity Partners All Partner Average Associates & Senior Attys Class of 2004 2003 2002 2001 2000 1999 1998 Prior All Associates & Sr. Attys Of Counsel Staff Attorneys All Attorneys Lobbyists Specialists Lit. Support/Patent Agents Case Clerks Law Clerks/Trust Accts. Legal Assistants All Non-Legal Timekeepers
Your office or practice area is not a member of the group. ** omitted due to insufficient data less than 75% population response

Group 1 st Quartile Median 3 rd Quartile



** 1,829 ** 2,036 2,183 1,558 1,668 1,904

** 1,762 ** 1,756 1,950 1,380 1,615 1,802

** 1,611 ** 1,638 1,537 1,294 1,577 1,577



** ** ** 1,521 1,580 1,867

** ** ** 1,218 1,467 1,679

** ** ** 1,084 1,311 1,523



** 2,015 1,931 2,076 1,915 ** 2,029 1,774 1,893 1,289 ** 1,752 ** ** ** ** ** 1,547 1,429

** 1,986 1,858 1,913 1,867 ** 1,949 1,695 1,819 650 ** 1,683 ** ** ** ** ** 1,381 1,252

** 1,785 1,820 1,551 1,798 ** 1,698 1,506 1,648 264 ** 1,451 ** ** ** ** ** 1,264 924



Case 1:03-cv-01973-PSF-MJW

Document 190-4
SALARY

Filed 12/05/2005
SURVEY
plus

Page 10 of 14

Page 8

2005 BILLING RATE & ASSOCIATE Mid-Year Release

Group Report

Denver Large - Firms/Prin & Non-Prin Offices (18 members)

Timekeeper Average Fees Billed
For the period 7/1/2004 through 6/30/2005

Your Firm Value Equity Partner Average Years of Experience 10 Years or Less 11 - 15 Years 16 - 20 Years 21 - 25 Years 26 - 30 Years 31 - 35 Years > 35 Years All Equity Partners Non-Equity Partner Average Years of Experience 10 Years or Less 11 - 15 Years 16 - 20 Years > 20 Years All Non-Equity Partners All Partner Average Associates & Senior Attys Class of 2004 2003 2002 2001 2000 1999 1998 Prior All Associates & Sr. Attys Of Counsel Staff Attorneys All Attorney Average Legal Assistants ** 433,658 378,088 437,537 500,599 ** 665,123 602,821 442,663 351,692 ** $591,316 $209,931 ** ** ** 497,013 494,389 $698,567 ** 667,045 ** 943,428 948,738 583,899 762,356 902,454 Rank 1
st

Group Quartile Median 3 rd Quartile

** 539,408 ** 725,633 697,082 529,390 687,006 618,958

** 491,851 ** 595,439 521,059 480,639 574,989 536,580



** ** ** 462,894 451,202 $531,160

** ** ** 292,795 354,695 $506,913

** 374,188 358,800 373,233 421,592 ** 473,071 414,691 350,730 109,954 ** $445,487 $205,669

** 262,996 345,321 290,467 376,568 ** 443,013 384,834 306,929 83,951 ** $403,649 $151,165

Your office or practice area is not a member of the group. ** omitted due to insufficient data less than 75% population response

Case 1:03-cv-01973-PSF-MJW

Document 190-4
SALARY

Filed 12/05/2005
SURVEY
plus

Page 11 of 14

Page 9

2005 BILLING RATE & ASSOCIATE Mid-Year Release

Group Report

Denver Large - Firms/Prin & Non-Prin Offices (18 members)

Associate & Senior Attorney Salary Information
by Law School Class

Average Annual Base Salary as of July 1, 2005
Your Firm Class 2005 2004 2003 2002 2001 2000 1999 1998 Prior All Assoc. & Sr. Attys / 10 /8 / 10 / 12 / 11 / 11 / 13 / 11 / 15 Salary Rank / Of 1st Quartile ** 105,250 ** 108,750 128,600 135,500 128,682 165,000 145,600 129,297 Group Median ** 97,500 94,500 98,750 114,750 107,833 118,000 140,000 132,774 117,108 3rd Quartile ** 92,750 ** 96,200 97,125 105,457 114,334 123,600 111,318 111,104

Percent Change in Average Annual Base Salary as of July 1, 2005
Your Firm % Change from 7/1/04 % Change from 7/1/03 Group % Change from 7/1/04 1st 3rd Quartile Median Quartile ** ** ** 16.8 ** ** 17.1 10.4 ** 6.2 ** 7.2 8.5 8.0 10.7 0.4 ** ** ** 4.3 ** ** 8.3 (13.2) Median % Change from 7/1/03 N/A ** 10.3 23.9 16.7 20.4 23.5 6.8

Class 2004 2003 2002 2001 2000 1999 1998 Prior

Salary

Your office or practice area is not a member of the group. ** omitted due to insufficient data less than 75% population response

Case 1:03-cv-01973-PSF-MJW

Document 190-4
SALARY

Filed 12/05/2005
SURVEY
plus

Page 12 of 14

Page 10

2005 BILLING RATE & ASSOCIATE Mid-Year Release

Group Report

Denver Large - Firms/Prin & Non-Prin Offices (18 members)

Associate & Senior Attorney Rate & Salary Adjustments
by Years of Experience 1

Average Standard Billing Rate as of July 1, 2005
Your Firm % Change Years of Experience 1 Year 2 Years 3 Years 4 Years 5 Years 6 Years / 10 /6 / 10 / 11 /7 /9 9.3 ** 9.4 12.2 ** ** 5.5 4.4 4.7 4.7 7.6 (3.5) 1.5 ** 3.0 0.3 ** ** Rank / Of 1
st

Group % Change Quartile Median 3 rd Quartile

Average Annual Base Salary as of July 1, 2005
Your Firm % Change Years of Experience 1 Year 2 Years 3 Years 4 Years 5 Years 6 Years / 10 /6 /8 /9 /7 /9 7.7 ** ** ** ** ** 5.1 1.4 (1.1) 2.7 3.5 2.9 (1.1) ** ** ** ** ** Rank / Of 1
st

Group % Change Quartile Median 3 rd Quartile

Your office or practice area is not a member of the group.
1

Calculated as the percent change for an associate with the respective years of experience at 7/1/2005 to the corresponding

years of experience at 7/1/2004. For example, an associate with one year of experience would be included in law school class year 2004 at 7/1/2005, and included in law school class year 2003 at 7/1/2004. ** omitted due to insufficient data less than 75% population response

Case 1:03-cv-01973-PSF-MJW

Document 190-4
SALARY

Filed 12/05/2005
SURVEY
plus

Page 13 of 14

2005 BILLING RATE & ASSOCIATE Mid-Year Release

APPENDIX

Case 1:03-cv-01973-PSF-MJW

Document 190-4
SALARY

Filed 12/05/2005
SURVEY
plus

Page 14 of 14

2005 BILLING RATE & ASSOCIATE Mid-Year Release

Guide to Interpreting the Statistics Presented in this Report
The statistics reported in the PricewaterhouseCoopers 2005 Billing Rate & Associate Salary Surveyplus include quartile and median group information based on the number of members in each comparison group. As such, the PwC Survey results are generated and presented in the Final Reports using Microsoft ® Excel worksheet functions. Median Value The middle value of a set of numbers arranged in descending order. The median, unlike the mean, is not affected by extreme data values. The median divides the data so that half of all the data items are greater than or equal to the median. Remarks: · If a range of numbers contains empty cells, those values are ignored; however, cells with the value zero are included. · If there is an even number of values in the set, then the median returns the average of the two values in the middle. Quartile Values Any of three points that divide an ordered distribution into four parts each containing one quarter of the values. One fourth of the data lies below the first quartile (hence three-quarters above it). Similarly, three quarters of the data lies below the third quartile (hence one quarter above it). The first and third quartiles are the medians of the lower half and upper half of the data. Remarks: · A quartile is a number or cutoff, and not a range of values. Your Firm may be above or below the first quartile, but not in the first quartile. · The second quartile is by definition the median. Example The Phoenix comparison group includes 11 members. The average Equity Partner standard billing rates are sorted in descending order and the median and quartile values are determined as follows: Firm Value: $1,000 900 875 850 850 840 800 750 700 650 650 Firm Rank: 1 2 3 4 5 6 7 8 9 10 11
$725 - Represents the value at the third quartile; 8.5 represents the entry point to the bottom 25% $840 - Represents the value at the median; 6.0 represents the entry point to the top 50% $863 - Represents the value at the first quartile; 3.5 represents the entry point to the top 25%

Note: If your firm is ranked 12th in the above example, then your firm is NOT a member of the comparison group and falls below all 11 firms included in the group.