Abstract
An exact expression of Lense-Thirring precession rate is derived for non-extremal and extremal Pleba\'nski-Demia\'nski spacetimes. This formula is used to find the exact Lense-Thirring precession rate in various axisymmetric spacetimes, like: Kerr, Kerr-Newman, Kerr-de Sitter etc. We also show, if the Kerr parameter vanishes in Pleba\'nski-Demia\'nski(PD) spacetime, the Lense-Thirring precession does not vanish due to the existence of NUT charge. To derive the LT precession rate in extremal Pleba\'nski-Demia\'nski we first derive the general extremal condition for PD spacetimes. This general result could be applied to get the extremal limit in any stationary and axisymmetric spacetimes.
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