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Law Firm Benchmarking 2020

How has your firm performed in the current legal market?

08/09/2020
Waves crashing
Don’t miss the opportunity to take part in our 2020 Law Firm Benchmarking. Our annual Benchmarking provides insight into financial performance in the legal sector as well as the key issues facing law firms.

Our annual Benchmarking, launched today, provides insight into financial performance in the legal sector as well as the key issues facing law firms.

What's new this year?

This year, in addition to asking firms for their views on key risks and challenges, we are also asking firms to reflect on their operational response to the COVID-19 pandemic, and asking for their current views on the short and longer term impact of the pandemic.

Take part in 2020 Benchmarking 

When taking part make sure you have the following information to hand:

  • turnover
  • profit – including that available for share amongst top-tier partners and all partners
  • staff costs
  • number of staff – split by support staff and fee earning staff (including paralegals)
  • number of partners and top-tier partners
  • accrued income and work-in-progress
  • amounts owed by clients
  • professional indemnity premium paid.

You do not have to complete the survey in one go. If you need to leave the survey before you have finished, please make sure you fill out all the questions on the page you are working on and click next, all your answers will automatically save.

Submissions will be accepted until Friday 16 October. Contact us if you have any questions.

Take part in 2020 Benchmarking 

Cashflow resilience in professional practices

A critical time to actively manage your cashflow

The uncertainty of the COVID-19 pandemic is forcing firms to focus on cashflow. Cash is king - are you maximising your cash in and managing your cash out?

Cashflow resilience flowchart
Download our flowchart helping you focus on actions to better control your firm's cashflow.

Contact us

Louis Baker
Louis Baker
Partner, Head of Professional Practices
London
Steve Gale
Steve Gale
Partner, Professional Practices and Head of Audit
London
Ross Prince
Ross Prince
Partner, Audit
Midlands