LFSS Report offerings

All of the financial and operational statistics provided within the 2013 LFSS are for the operating year ending December 31, 2013. Base salary information for administrative managers and departmental supervisors are collected and reported as of January 1, 2014. Outlined below are the five audience-specific reports that your firm receives with participation in the LFSS. Sample reports from the Survey are included in the attached files.

The Finance & Operations Report (FOR) compares your firm’s data with one comparison group. The FOR contains a detailed summary of revenue and expenses, and their related factors. This report should be used for further departmental analyses and budget development. From this report, Department Managers can report back to the Executive Director with information about departmental-related expenses which may be favorable or "out of line".

Download LFSS finance & operations report.

The Detailed Operations Report (DOR) compares your firm’s data with one comparison group. The DOR is a detailed expense itemization for each broad expense category provided within the FOR and its related factors. This report should be used for additional departmental analyses and budget development. From this report, Department Managers can report back to the Executive Director with information about departmental-related expenses which may be favorable or "out of line".

Download LFSS detailed operations report.

The Managing Partner's Report (MPR) compares your firm’s data with two or three comparison groups ordered. The MPR is a high level summary of key profitability and operational measures intended for the Managing Partner, or others who fill this role and have responsibility for the overall assessment of the firm’s competitive situation.

Download LFSS management partner's report.

The Management Summary Report (MSR) compares your firm’s data with two or three comparison groups ordered.

The MSR contains topics from the MPR which are supplemented with more detailed data. From this report, an Executive Director can report back to the Managing Partner with information such as the firm’s relatively high expenses are attributable to a particular department.

Download LFSS management summary report.

The 'Report Export' Spreadsheet is a spreadsheet report (in .xls format) that consists of a 'data export' of the comparison group statistics provided within the Finance & Operations Reports ordered. The group statistics from each comparison group ordered by the firm will be displayed as a separate worksheet within the spreadsheet. Your firm's data for each office and practice group submitted to the Survey will be included in a separate worksheet.