Data & Metrics

PMI Slips in Q4 as Productivity Softens and Demand Growth Is Offset by Other Shortcomings

Through the first three quarters of 2018, the large law firm market enjoyed average growth in demand, rates, and productivity. The fourth quarter, however, was…

Joe Blackwood February 12, 2019

Legalweek 2019: SALI Matter Standards Work Moves Forward with Version 1 Release

NEW YORK — Data-driven decisions are hot right now — legal industry players are eager to figure out how to use data in decisions on…

Legal Executive Institute February 08, 2019

Legalweek 2019: Mining Your Data for Insight, Decision-Making and Differentiation

NEW YORK — Becoming more data-driven and analytical is a laudatory goal for any law firm; and as the vast amounts of data from a…

Legal Executive Institute February 06, 2019

Alternative Legal Service Providers Report 2019: ALSP Market Experiencing Rapid Growth & Expanded Use

MINNEAPOLIS-ST. PAUL, WASHINGTON, D.C., & LONDON — The market for alternative legal service providers (ALSPs) is seeing rapid growth at a rate that is exceeding…

Legal Executive Institute January 28, 2019

Law Firms Must Focus on Digital Strategy to Address Worries over Business Model and Hyper-Competition

Even as law firms enjoy their recent uptick in demand growth and the momentum that comes with it, firm leaders are still expressing frustration over…

Legal Executive Institute January 15, 2019

2019 Report on the State of the Legal Market: Growing Competition Challenging Long-Held Law Firm Assumptions

MINNEAPOLIS — After years of warnings, the revolution in the legal industry finally may be crashing law firms’ gates. Growing competitive challenges from the Big…

Legal Executive Institute January 08, 2019

Top 10 Most-Read Blog Posts on the Legal Executive Institute Blog in 2018: Seeing the Forest for the Evergreens

If there is one thing the new year can promise — aside from soon-to-be-broken resolutions — is Top 10 lists that reflect on the past…

Gregg Wirth January 04, 2019

2019 Citi-Hildebrandt Report Shows the Legal Industry Is Booming, But Midsize Firms Have to Step Up Their Game

The US law firm industry is on pace to post its strongest growth year since the pre-recession late-2000s, but this booming performance isn’t being distributed…

Legal Executive Institute December 12, 2018

Law Firm Rate Setting (Part 2): Hard-Learned Lessons

In Part 1 of this series, we looked at lessons around law firm rate setting that the top-performing firms in our recent Dynamic Law Firm Study had…

Bill Josten November 29, 2018

Law Firm Pricing Insights: A New Report on the Role of Pricing in Law Firms

How to effectively price legal work is a source of growing discussion and consternation for law firms. According to Altman Weil’s Law Firms in Transition…

Bill Josten November 14, 2018

Demand for Legal Services Rises for Second Consecutive Quarter in Q3, according to Thomson Reuters PMI Report

The strong 2018 performance by the large law firm market continues to gather steam after a second consecutive quarter of positive growth among key performance…

Peer Monitor November 12, 2018

The 2018 Midyear Litigation Infographic: Seeing a Litigation Rebound

Litigation has long been an engine to drive the legal services industry in the United States. In recent years, it’s no secret that litigation work…

Justin Hines November 05, 2018