Reports and Guides
Legal Pricing Director Priorities: Law Firm Profitability According to the Experts
In this article, we dig into the findings of BigHand’s Legal Pricing and Budgeting Report, specifically the findings from Pricing Directors to provide insights on their top priorities, including mandated matter budgeting; profit leakage; and embedding a culture of profitability.
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Implementing Financial Intelligence to Give Law Firms a Competitive Advantage in 2022 and Beyond
In an effort to identify key trends among law firm financial leaders, BigHand, BRYTER, and SurePoint Technologies together conducted a research on the elevated expectations of finance professionals, the impact of the pandemic on the business of law, the application of data to decision-making, the perception of profitability, and the pace of innovation. Read what the results said...
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The Legal Pricing and Budgeting Report
The Legal Pricing and Budgeting Report collates data from over 800 senior legal finance and pricing professionals, Managing Partners, Practice Managers, and Finance Systems roles from law firms across the UK and North America with 100+ lawyers. The findings give a unique view into the latest legal pricing and matter budgeting trends. Se what they said...
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The Legal Resource Management Report
The past year has placed huge new challenges on law firms – from partners to junior associates and support staff. There is no doubt that working from home has created a disconnect between teams, affecting profitability and diversity, equity and inclusion (DEI) initiatives. In this report, we share data gathered from 914 legal management professionals, from firms of 50+ lawyers in the UK, North America and APAC. See what they said....
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Legal Matter Pricing Report
We surveyed 250 legal finance professionals, in conjunction with TVPI and ALPMA, to uncover the latest trends in legal pricing strategies, including the impact of COVID-19, the rising demands for client pricing transparency, and the need to improve people, process and technology in response. Download the resulting report here.
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Insights Guide: How to think about value-based pricing in Legal
How to best achieve value-based pricing in legal is the subject of ongoing debate, with the perceived value of "legal services" differing greatly based on the type of work being delivered. Download this guide to learn more about why law firms often under price their legal services and where clients see law firm value based on type of work.
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