Law Management Section Financial Benchmarking Survey 2013

Author:   The Law Society
Publisher:   The Law Society
Edition:   14th Revised edition
ISBN:  

9781853286230


Publication Date:   22 January 2014
Format:   Spiral bound
Availability:   In Print   Availability explained
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Law Management Section Financial Benchmarking Survey 2013


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Overview

The Law Management Section (LMS) annual benchmarking survey is widely regarded as the leading annual health check report for medium-sized firms. With over 165 firms responding, the survey contains detailed data essential for rigorous evidence-based decisions. The survey shows a general increase in profitability resulting from a combination of increased income and continued control over spending. It also reveals that a greater number of practices have converted to a limited company or LLP. As a unique source of data that is essential for rigorous evidence-based decisions, the Financial Benchmarking Survey 2013 will help you to look at your firm's financial performance objectively and to plan your strategy effectively. New to this edition is a chapter on financial stability and the key challenges to firms in the future. The survey also covers areas including: fee income interest receivable the ratio of fee earners to equity partners the future of the legal profession. Now in its fourteenth year, the survey is produced in association with Hazlewoods LLP and sponsored by Lloyds Bank.

Full Product Details

Author:   The Law Society
Publisher:   The Law Society
Imprint:   The Law Society
Edition:   14th Revised edition
ISBN:  

9781853286230


ISBN 10:   1853286230
Publication Date:   22 January 2014
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Spiral bound
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

1. Introduction; 2. Summary of findings; 3. Fee income; 4. Employment costs; 5. Profitability; 6. Profitable practices' characteristics; 7. Working capital; 8. Financial stability; 9. The short-term future; 10. The future of the legal profession; 11. Key financial challenges; Appendices.

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