MPF WHITE PAPER - AW 2014 Law Firms in Transition - 10-21-14
MPF WHITE PAPER - AW 2014 Law Firms in Transition - 10-21-14
MPF WHITE PAPER - AW 2014 Law Firms in Transition - 10-21-14
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<strong>20<strong>14</strong></strong> L<strong>AW</strong> FIRMS IN TRANSITIONF<strong>in</strong>ancial Performance: Firm Size TrendsComparison by firm size for economic performance <strong>in</strong> the prior year. Figures <strong>in</strong>dicate thepercentage of responses <strong>in</strong> each category (not the percentage change <strong>in</strong> performance).Gross revenueDownNochangeUpUnder 250 lawyers 33.0% 11.8% 55.2%250 lawyers or more 19.5% 11.7% 68.8%Revenue per lawyerDownNochangeUpUnder 250 lawyers 28.3% 12.6% 59.1%250 lawyers or more <strong>14</strong>.5% <strong>21</strong>.1% 64.5%Profits per partnerDownNochangeUpUnder 250 lawyers 32.7% <strong>14</strong>.1% 53.3%250 lawyers or more 26.0% 13.0% 61.0%An Altman Weil Flash Survey 77
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