To assess your financial performance and help with stepping up the numbers, you need to understand how your firm is performing compared to similar firms, identify areas for improvement - and then implement strategies to address them. As part of our commitment to helping you run a successful legal practice, ALPMA conducts free annual financial performance benchmarking research for law firms in conjunction with Findex in Australia and New Zealand. 

Participating in the study will help you

  • Benchmark your firm's financial performance against key indicators including profitability, work in progress days, debtor’s days, interest expense, labour cost, rent, and working capital.
  • Gain insight into the industry's financial performance expectations for the coming year.
  • Find information on law firm growth strategies, remuneration, pricing and charge-out rates.
  • Rate your performance against like firms and identify areas for improvement.

Participants of this study receive a secure log-in to Open Measures, Findex's proprietary benchmarking software. This powerful tool graphically presents your financial results enabling you to compare your performance on key measures to similar firms using filters including state, practice type and size of firm, giving you a relevant benchmark to work from, and a strong basis for decision making.

2019 Australian Financial Benchmarking Survey ***NOW OPEN***  

Simply enter your FY19 financial data into the online survey. All data is held as strictly confidential and your firm will not be identified in any way. 

The survey closes on Friday, 22 November 2019.

Results will be released in early-mid December.

Participate Now                                   Download Survey Questions

2017 ALPMA/Crowe Horwath Australian Financial Performance Benchmarking Survey

This year's study collected information on firm investment in innovation, strategies to finance growth and charge-out rates - as well as the firm's performance across a number of key indicators (like profitability, work in progress days, debtor’s days, interest expense, labour cost, rent, and working capital). The survey was conducted in November 2017. 

Participants have received an email with the results summary, plus a login to access Open Measures, which enables them to interactively compare their firm's performance against the results from similar law firms using a number of filters including location, practice type and size of firm. This powerful analysis gives firms a relevant and meaningful benchmark to work from - and realistic goals to aim for.

Read the results media release

Download the 2017 AU Financial Performance Benchmarking Results Summary

2017 ALPMA/Crowe Horwath New Zealand Financial Performance Benchmarking Survey Results Summary

The results summary is available for download below.

NZ Survey participants have received an email with the results summary, plus a login to access Open Measures, which enables them to interactively compare their firm's performance against the results from similar law firms using a number of filters including location, practice type and size of firm.

Read the results media release

Download the 2017 NZ Financial Performance Benchmarking Results Summary

2016 Australian Study

The  FY16 ALPMA/Crowe Horwath Australian Legal Financial Performance Benchmarking Study survey was conducted between December 2016 and January 2017.  The results summary is available for download below.

Download the 2016 AU Financial Performance Benchmarking Results Summary

2016 New Zealand Study

The 2016 ALPMA/Crowe Horwath New Zealand Legal Industry Financial Performance Benchmarking Study survey was conducted in September - November, 2016.  More than forty firms from across New Zealand participated in the study. 

Participants have received an email with the results summary (available for download below), plus a login to access Open Measures, which enables them to interactively compare their firm's performance against the results from similar New Zealand law firms using a number of filters including location, practice type and size of firm. For the first time this year, members of NZLaw, Law Plus, LawLink and Law Alliance can view results by group. Firms that participated last year can also see how their firm's performance is tracking over time. This powerful analysis gives firms a relevant and meaningful benchmark to work from - and realistic goals to aim for.

If you would like more information about the ALPMA/Crowe Horwath Financial Performance Benchmarking Study, please contact Melanie Grace from the ALPMA NZ Secretariat. 

Read the results media release

Download the 2016 NZ Financial Performance Benchmarking Results Summary

2015 Australian Study

This year, 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.  Please note, information relating to each individual firm’s performance is strictly confidential.  You will be able to see your firm's data that you have submitted for analysis; however, data relating to the other participating firms will only be available for comparison and analysis in aggregate form.   

Read the results media release

Download the 2015 AU Financial Performance Benchmarking Results Summary

2015 New Zealand Study

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.

Read the results media release

Download the 2015 NZ Financial Performance Benchmarking Results Summary