Stay Ahead of the Competition
Discover how your firm measures up against your peers with valuable insights on industry benchmarks. Gain a competitive edge by understanding key performance indicators and identifying areas for improvement. Whether it’s billable hours by state or practice area, this report provides essential data to help you optimize your strategies and outperform the competition.
The New Metric for Success
Uncover our revolutionary “Lockup” metric, designed to help you understand and shorten the time between work performed and payment received. By leveraging the Lockup metric, you can actively work towards shortening the time between performing work and receiving payment, enabling your firm to better manage cash flow and maintain financial stability.
AI in the Legal Industry
Perspectives and Potential
Explore the transformative potential of Artificial Intelligence (AI) in the legal industry. In this report, legal professionals share their insights on how AI is reshaping the way they practice law. Gain a comprehensive understanding of the opportunities and challenges associated with using AI at your firm. Discover how AI-powered technologies can enhance efficiency, automate processes, and empower legal professionals to deliver exceptional client service.
Transforming with Legaltech Solutions
Enhance Your Practice
Understand which legaltech solutions are having an enormous impact on firm revenues. This report highlights what key technologies are revolutionizing the way legal services are delivered. From document automation to virtual collaboration tools, discover the solutions that can streamline your operations, improve productivity, and drive innovation. Unlock new possibilities and create a competitive advantage by adopting cutting-edge legaltech.
The Legal Trends Report provides information on the most important issues faced within the legal profession. By analyzing aggregated and anonymized data from tens of thousands of legal professionals in the US, supported by extensive survey research, the report offers unique insights into law firm efficiencies, hourly rates, and other key metrics for success.