2024 Legal Trends Report for Mid-Sized Law Firms
With rapid advancements in new systems and technologies over the past year, mid-sized firms have tremendous opportunities for growth and efficiency. To harness these opportunities and remain competitive, however, mid-sized firms will need to overcome the challenges associated with complex and diverse organizational structures.
This report looks at mid-sized law firms across multiple perspectives—including performance trends, strategies for improving payment collections, and attitudes towards artificial intelligence.
Download the 2024 Legal Trends Report for Mid-Sized Law Firms
Inside, you’ll learn:
- How your mid-sized firm stacks up against the competition in billables, collections, and hourly rates
- How to Shorten the time between work performed and payment received by leveraging our “lockup” metric
- How client preferences and key technologies impact how quickly your mid-sized firm bills and receives payment
- The transformative potential of artificial intelligence in the legal profession alongside insights into how lawyers in mid-sized firms (and their clients) perceive these tools
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