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Law Firm Benchmarking 2024

How does your firm measure up?

18/06/2024
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Our annual Benchmarking report offers essential insights into the financial performance of the legal sector and highlights the main challenges confronting law firms and their leaders.

This year, we are exploring firms' sustainability policies, resilience to cybercrime threats and the potential effects of a new government. We also look forward to your expectations for the coming financial year. Is your firm's performance in line with others'?

To make it easier for the appropriate person in your firm to complete each section, we have split the survey into two parts (see below). Please use your latest available financial information, internal management information works perfectly well – this does not need to be audited or approved.

Submissions will be accepted until Wednesday 31 July 2024. Don't miss the opportunity to take part!

Contact us if you have any questions.

ILFM Logo 2023

In collaboration with the ILFM

Part 1: Financial data and finance related questions

To be completed by: finance directors or finance teams.

Information required: your latest available financial data.

It will take: 20 minutes.

Start part one now

Part 2: Your views on what your firm is focusing on

To be completed by: managing partners, senior partners or finance directors.

Questions relating to your: people, performance expectations, risks and future plans.

It will take: 10 minutes.

Start part two now

A bespoke report for all participating firms

Firms who participate will receive a bespoke report, which analyses their financial results against others who have participated. You will receive insight into what other firms are focusing on and we will also provide further detail and commentary on your firm's performance. Our bespoke reports feature scatterplots and can be used as a catalyst for

strategic discussions. All data is anonymised.

Contact us

Ben Carter
Ben Carter
Director, Professional Practices and Private Clients
London
Nicky Owen
Nicky Owen
Head of Professional Practices
London