Law firm statistical survey (LFSS)

October 2010
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Law firm statistical survey (LFSS)

At a glance

In an effort to explore the rich diversity found within the law firm workplace, PwC is introducing the 2009 law firm Cultural awareness & inclusion survey, designed to measure the rich diversity found within the law firm industry.

The PwC Law Firm Statistical Survey (LFSS) has been recognized as a leader in providing operational and profitability metrics to law firms since 1957.

During these continuing challenging economic times, law firm management seeks the tools necessary to assist them in their cost-cutting initiatives.

The Law Firm Survey staff is committed to providing detailed information and trends relative to staffing levels and expense management that can allow your firm to maintain a competitive advantage.



Report Offerings
How to participate in the LFSS
Data disclaimer & confidentiality

Timing: Questionnaire submissions are due on April 5, 2013. Results will be distributed on or about May 17, 2013 (two weeks earlier than in prior years).

Fees: The base participation fee is $1,850, which includes one comparison group. Additional comparison groups are billed at $375 each.


Why you should participate

  • A comprehensive view of key operational metrics used by law firms: profitability, cost management, leveraging, cash management, and capitalization.

  • 'Hot Topics', communicated by law firm leaders as necessary to meet today's growing challenges, include topics such as client communications, bank borrowings and credit lines, alternative fee arrangements, new partner capital buy-in, treatment of non-equity partners, and the utilization of aspects of today's technology.

  • Office-specific benchmarks that may provide a valuable measure in managing the changing face of your business.

  • Five distinct audience-specific reports that include two boardroom style reports with high-level reporting trends and three detailed reports intended for the CFO/Controller.

  • Access to over 700 distinct comparison groups categorized by firm or office size, location, your individual peers, or other requested criteria.

  • Comparisons to a strong participation base that last year included many of the largest, most profitable law firms.

  • An automated and streamlined data collection tool that ensures that your firm's general ledger accounts accurately map directly to the Survey expense classifications and guarantees that your data will be preserved for future use.

  • A thorough data review and validation process that preserves the integrity of the published results.