Reports and Guides
The 4th Annual Law Firm Profitability Survey
LawVision and Iridium Technology, now part of BigHand, surveyed law firm leaders on key topics such as overall satisfaction with profitability, strategic projects being pursued to address performance, reporting policies, tools/technologies in use, as well as the nuts-and-bolts of profit modelling and calculation. See what they said...
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The Annual Law Firm Finance Report: Global Trend Analysis 2024
A look at what law firms can do to get profits back on track in 2024 and beyond, with findings from 800 legal finance leaders.
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5th Annual LawVision and BigHand Profitability Survey Report
In its fifth year, the 2023 LawVision and BigHand survey provides a snapshot of the transforming legal landscape, as law firms balance longstanding profitability goals with the promise of AI. Despite economic uncertainty, this technology and strategy points to a future.
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A Business Intelligence Bill of Rights: 20 Critical Factors for Selecting Your BI Solution
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Maintaining Profitability in a Global Recession
During August 2022, BigHand ran a survey gathering 800 responses from senior legal finance roles, CEOs, Managing Partners, FP&A and Finance Systems roles from law firms of 100+ lawyers in the UK and North America. The findings highlight the importance of empowering lawyers with real-time, matter level information to maintain profitability in the face of rising costs and reducing demand. Read it here.
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The Legal Cash Flow Report
The latest law firm cash flow and profitability trends, from over 800 legal finance leaders, from law firms of over 100 lawyers in the US and UK. Following on from the Pricing and Budgeting report, this report is focused on law firm cash flow trends, including law firm priorities to reduce working capital, how law firms are building commercial cultures and areas of cash flow leakage affecting profits.
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Implementing Financial Intelligence to Give Law Firms a Competitive Advantage in 2022 and Beyond
In an effort to identify key trends among law firm financial leaders, BigHand, BRYTER, and SurePoint Technologies together conducted a research on the elevated expectations of finance professionals, the impact of the pandemic on the business of law, the application of data to decision-making, the perception of profitability, and the pace of innovation. Read what the results said...
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