City firms saw their fees per partner decrease for the second year running to an amount of £1.04 million. Firms in the regions are closing the gap with their average being £955,000, a 5.9% increase from last year.
Cybersecurity remains a top priority, with almost all firms highlighting phishing campaigns as being a major concern. As the risk of cyber-attacks continues to escalate, a proactive approach is critical, and firms need to consider whether the training they are providing staff is sufficient with only 31% of firms having provided this on at least a quarterly or monthly basis.
Read our insights below to explore further in-depth findings and gain a better understanding of the legal industry’s trends.
Interested in receiving a bespoke benchmarking report for your firm? Take part in our survey.
| Crowe’s Law Firm Benchmarking Survey is based on information and data submitted between June 2024 and September 2024 by participating law firms with financial years ending in early 2024. The survey is completed in two parts by firms, which focuses on financial related data and firm's performance and future plans - read more here.
This year, 57 law firms participated in the survey with a turnover of at least £1 million. |
Be part of our 2025 survey
Once we receive your form, we will be in touch in 2025 with further information on taking part in our next survey.
| 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. |
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