In the 2008 Michigan Supreme Court decision Smith v. Khouri, the court referenced the SBM Economics of Law Practice Survey as the primary resource for trial courts in determining attorney fees. It provides the benchmark for more than 50 specific fields of practice by geographic location.
The survey is designed to capture information relevant to the various occupational areas of Michigan attorneys. Private practitioners will be asked questions about their specific practice areas, and those in non-private practice occupations, such as those working as in-house counsel, in government service, non-profit organizations, academia, legal services, and more, will be asked for information about salaries, benefits, hours worked, and job satisfaction.
When members participate in the survey, their privacy will be fully protected and their replies will remain strictly confidential. Results will be reported in the aggregate only—no individual results will be identifiable. The State Bar will not have access to any respondent’s financial information, and attorneys will not be asked to provide a P number or any other identifying information to take the survey. The survey will be conducted by a third-party vendor on an independent website. However, to help members find the survey, a link to the survey will be provided on the State Bar website.
To sweeten the pot and make participation in the survey a little more fun, participants will be eligible to enter a drawing for prizes, including two $500 Amazon gift cards, and five $100 Amazon gift cards.