  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.
