2.3% fall in average Top 10 PEP
average fee increases this year
of firms have delivered or embarked on remote and mobile working
Due to client needs and demands, technological and workforce changes are becoming more frequent, our 2017 Law Firms' survey shows that the need for law firms to change is accelerating.
Watch our overview video as David Snell, head of our Law Firms' Advisory group considers the results and looks at what law firms should do to adapt to the rapidly changing landscape. You can also explore historic data using the interactive tool and download the survey below.
Using the tool below, you can explore the results of all of our Law Firms' surveys from 2009 to 2017. From key KPIs for law firms including 'fees per fee earner' and 'profit margins', to yearly changes in the size of Top 100 by fee income and male vs female full equity partners. You can analyse and compare the performance of the top 100 firms in the legal sector over the last 10 years.
Access the explorer below and download the full report to get a more detailed analysis of the 2017 results:
Due to client needs and demands, technological and workforce changes all becoming more frequent, this year’s survey shows that the need for law firms to change is accelerating. The key question we ask is how should law firms adapt to the rapidly changing landscape. What will the successful law firm of the future look like?
We believe the law firms that plan for change and adapt to the rapidly transforming landscape will be the ones that thrive in an extremely competitive environment, they will be the successful leading law firms of the future.