Peer Monitor

PMI Q4 Analysis: With Demand & Rates Growing, Why Isn’t the Legal Market Stronger? Look Overhead

There are many indicators that currently signal that the legal market is gaining strength. For example, law firms saw the first two-year stretch of 1.0%…

Isaac Brooks February 19, 2020

2020 Report on the State of the Legal Market: A Closer Look at the Cost of Declining Productivity

The 2020 Report on the State of the Legal Market, from Thomson Reuters Legal Executive Institute and the Center on Ethics and the Legal Profession…

Joe Blackwood February 13, 2020

Peer Monitor Economic Index Slips in 2019’s Fourth Quarter

The large law firm market has seen arguably the best two-year period since the end of the recession. Indeed, 2019 marked the first two-year stretch…

Legal Executive Institute February 03, 2020

2020 Report on the State of the Legal Market: From Incremental Change to Revolutionary Innovation

Ever heard of the “Fosbury Flop”? Whether you have or not, if you’ve watched the sport of high jumping anytime in the past 50 years…

Bill Josten January 06, 2020

PMI Q3 Analysis: The Magnification of Demand

The market for legal services produced impressive demand growth in this year’s third quarter, seeing a 2.4% jump in hours worked compared to the third…

Isaac Brooks December 02, 2019

PMI Q3 Analysis: The Many Peaks of Demand within Practices

“Those at the top of the mountain didn't fall there." —Marcus Washling The legal service industry has made headlines of late for the impressive demand growth…

Isaac Brooks November 18, 2019

Peer Monitor Economic Index Gains in Third Quarter as Demand Surges

While the large law market in 2019 isn’t an exact reflection of 2018 so far, there are some similarities — including improved demand and rates…

Isaac Brooks November 04, 2019

Are Litigation Filings a Predictor of Increased Legal Demand?

We’ve seen a steady rise in the use of predictability analysis and other data analytics at law firms. From estimating the cost of a matter…

Becky Stander October 29, 2019

2019 Legal Tracker LDO Index Report: Trends over Time

At times, the most profound insight can be found not by considering what has changed, but instead by focusing on what has remained the same.…

Legal Executive Institute October 15, 2019

2019 Australia: State of the Legal Market — Growth Continues as Uncertainty Rises

At the end of fiscal year 2018, a year of unprecedented growth in the Australian legal market, the overall feeling after was one of optimism,…

Legal Executive Institute September 22, 2019

The 2019 LawVision & Peer Monitor Pricing Survey: The Growing Prominence of Pricing within Law Firms

How a law firm prices its delivery of legal services has become far from a rote or obvious undertaking. Pricing has evolved to be of…

Legal Executive Institute September 09, 2019

Associate Lawyers Are Driving the Market for Demand, but also for Compensation

The recently released Peer Monitor Index for the second quarter of 2019 highlighted a few encouraging and some discouraging signs that mimic half-year results. Digging deeper into…

Isaac Brooks September 03, 2019