Law firm benchmarking

For almost 60 years, the PwC Law Firm Services Group has provided premier law firms with comprehensive benchmarking information on a broad range of management topics that confront law firm leaders.

Participation in our benchmarking program can allow your firm to:

  • Gain a deeper understanding of its position in the market
  • Identify potential opportunities to improve profitability
  • Make better informed strategic decisions

PwC produces four distinct Survey offerings - the Billing Rate & Associate Salary Surveyplus (BRASSplus), the Law Firm Statistical Survey (LFSS), the Sr. Administrative Leaders Compensation and Staffing Report (SAL) and our new Expatriate Compensation and Staffing Report (EC&B). 

Benchmarking results from each Survey are organized into Reports targeted to the firm managers responsible for taking action.

Our goal is to present the benchmarking information in a streamlined fashion that will minimize analysis time, reduce possible misinterpretations, and more easily identify opportunities to improve firm performance.

All of our Reports include summary graphical presentations of key metrics designed to highlight the firm's historical competitive position relative to a group of peers.

Survey Products/Reports Available

The Revenue Management Report

The Revenue Management Report
Provides a wide range of metrics on the four core areas of revenue management - rates, realization, hours, and leverage.

This Report contains information to better understand directionally where the firm has performed compared to its peers and identify potential opportunities to increase revenue.

The Talent Management Report

The Talent Management Report
The Talent Management Report (TMR) is a two-pronged Report that contains information on associate compensation and bonus levels, as well as a Section dedicated to Diversity & Inclusion metrics.

The Diversity section includes metrics not only focused on the demographics of your attorneys but, more importantly, on the utilization levels of attorneys delineated by gender and race.

The TMR also includes information on Firmwide Diversity initiatives/programs geared towards women, minorities and Self-Identified LGBT Individuals.

Talent360 Performance Analytics Dashboard

Talent360 and Revenue360 Performance Analytics Dashboards
These desktop applications allow multiple users at the Firm to interactively filter between both historical and current year benchmarks across multiple comparison groups, multiple metrics and multiple attorney groups. All of the visualizations created can be saved and/or printed for further review and analysis with Firm Leaders.

 

The Partner Management Report

The Partner Management Report
Includes key metrics on the business owners of the firm such as compensation, capital, utilization, retirement policies, benefits, turnover, and the treatment of newly appointed Non-Equity Partners.

Each BRASSplus participant will receive a complimentary Partner Management Report for any selected ‘peer’ group.

The Senior Administrative Leaders Compensation & Staffing Report

The Senior Administrative Leaders Compensation & Staffing Report
Introduced last year, this Report provides meaningful information on the base salary and bonus levels for the ‘C-Suite’ and Director-Level Administrative Leaders.

Administrative staffing levels across the different functions within the firm, and discretionary benefits for the administrative staff are also included.

The Finance & Operations Report

New in 2017 – Expatriate Compensation & Benefits Report
The ‘Expat Compensation & Benefits’ (EC&B) Report has been developed as a result of increasing law firm requests and feedback. The EC&B focuses on the compensation and benefits for the Firm’s international assignments and is targeted toward global firms, including firms based outside of the US.

Subjects include compensation and tax policy, and expatriate benefits such as relocation, housing and automobile allowance, education assistance, and leave.

The Finance & Operations Report

The Finance & Operations Report
Includes information on many key performance metrics that drive firm profitability such as expense management, administrative staffing levels and compensation, and cash management.

A supplemental Detailed Operations Report will accompany each Report and provide additional levels of detail for select operating expenses.