In the report
Industry benchmark data
See how your firm stacks up against the competition in billables, collections, and hourly rates.
Understanding lockup
Shorten the time between work performed and payment received by leveraging our “lockup” metric.
Getting paid faster
Understand how client preferences and key technologies impact how quickly solo and small firms bill and receive payment.
The rise of AI
Explore the transformative potential of artificial intelligence in the legal profession alongside insights into how lawyers in solo and small firms (and their clients) perceive these tools.
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The 2024 Legal Trends for Solo and Small Law Firms report features research conducted for the annual Legal Trends Report, which provides information on the most important issues faced within the legal profession. By analysing aggregated and anonymised data from tens of thousands of legal professionals in the US, supported by extensive survey research, the report offers unique insights into law firm efficiencies, attitudes towards technology, and other key metrics for success.
