Billable Hours Are Going Down, Down, Down Across Biglaw

Ed. note: Welcome to our daily feature, Trivia Question of the Day!

According to the latest Thomson Reuters Institute’s Law Firm Financial Index report, how much has productivity, measured by hours billed, declined in the third quarter overall and for the Am Law 100 in particular?

Hint: Productivity dropped 1.1% in the first quarter, 3.5% in the second quarter, and the third quarter’s productivity dropped by even more.

See the answer on the next page.