Financial performance | Financial information & analysis | Resource management | Pricing | General accounting
2 March 2016
A new study of Australian law firms suggests the profession has moved on from a period of consolidation and profit protection in the previous twelve months to a position where they are both expecting and planning to increase rates of full time hires and elevate more lawyers to partner positions.
In 2015 more than 100 firms participated in the study. Participants will be provided with a log-in to Open Measures, Crowe Horwath's powerful benchmarking tool, to interrogate their results and visualise their performance to similar firms across eight key performance indicators on 23 February, 2016.
The inaugural ALPMA/Crowe Horwath New Zealand Legal Industry Financial Performance Benchmarking study was conducted in July - August, 2015. Thirty firms from across New Zealand participated in the study. New ALPMA/Crowe Horwath survey shows financially healthy NZ legal sector planning for growth.
10 October 2015
New ALPMA/Crowe Horwath survey shows financially healthy NZ legal sector planning for growth A new survey of New Zealand law firms shows the sector is expecting an average of five per cent growth in the next financial year - building on gross profit margins* that currently average nearly 80 per cent.
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