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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 TRANSITIONOutlook: Plann<strong>in</strong>g for the FutureQ:What is your law firm’s basic plann<strong>in</strong>g horizon?1 to 2 years23.0%3 to 5 years69.3%6 to 8 yearsMore than 8yearsWe don't doformal plann<strong>in</strong>g4.2%1.1%2.4%Only 5.3% of firms are rout<strong>in</strong>ely look<strong>in</strong>g fartherthan five years out <strong>in</strong> their plann<strong>in</strong>gBasic Plann<strong>in</strong>g HorizonAn Altman Weil Flash Survey 80

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