34% |
85% |
29% |
of firms attribute revenue loss to write-offs, while 21% point to discounts | of firms are facing increased scrutiny over billing, driving the need for value-based pricing models | of firms see increased client requests for Alternative Fee Arrangements |
While 91% of firms raised rates last year, increasing client pushback and growing write-offs mean these increases aren't translating to bottom-line growth.
This summary takes the most essential insights for legal finance leaders from our 2025 Annual Law Firm Finance Report and gives pricing leaders the critical insights needed to balance rate increases with mounting demands for transparency while protecting profit margins. Download now to discover how to strengthen realization rates and leverage technology to sustain profitability despite market challenges.
BigHand conducts this research to help businesses uncover actionable insights that drive smarter decision-making. With BigHand Matter Pricing, you can turn data into actionable insight and transparency that empowers your teams to make objective pricing decisions.