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: 2013 Overhead CostsQ:How did your law firm perform <strong>in</strong> 2013 compared to 2012?6.2% 19.4% 18.3% 39.6%16.5%Down over 4% Down 1-4% No change Up 1-4% Up over 4%2013 OverheadComparison by year of five years of survey results on overhead costs. Figures<strong>in</strong>dicate the percentage of responses <strong>in</strong> each category (not the percentage change <strong>in</strong>performance).OverheadDownNochangeUp2013 25.6% 18.3% 56.1%2012 29.8% 23.5% 46.6%2011 20.1% <strong>21</strong>.0% 58.9%20<strong>10</strong> 52.8% 12.7% 34.5%2009 69.0% 11.5% 19.5%An Altman Weil Flash Survey 78
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