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Law Management Section

Financial Benchmarking Survey

Our annual Financial Benchmarking survey is widely recognised as the annual financial health check for small to medium-sized firms. The survey is produced in association with Hazlewoods and sponsored by Lloyds Bank.

Financial Benchmarking Survey report 2018

The Law Management Section is excited to launch a new phase in the development of our Financial Benchmarking Survey report, now in its 18th year. Boasting an improved design and refreshed format without losing any of the detailed analysis, we are proud to assert our Survey’s position as a market leader in benchmarking information for successful law firms.

'The firms that take part in the Survey usually have a particular interest in high performance and management', Robert Banner, Law Management Section committee.

Unlike other benchmarking reports that assess average performance across the sector, our Survey helps firms to compare themselves to the most successful small and medium-sized firms in England and Wales. Our Survey is packed with the insights law firm managers need to focus on operational improvements, cost reduction opportunities and operational improvements – the real stuff of business survival and growth.

The Law Society’s Law Management Section committee thanks all the firms who took the time to participate in the Survey this year, which made the report possible.

Register to download your free copy of the Law Management Section Financial Benchmarking Survey 2018 report

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lms financial benchmarking survey 2018 cover

The bearer of good news Subscription

17 April 2018

This year, for the first time, the Law Management Section’s Financial Benchmarking Survey report is free for all practices. And the results show continued improvements across the market. Andy Harris explains

Andy Harris

How do you do?Subscription

10 February 2016

The Law Management Section’s 2016 Financial Benchmarking Survey suggests a generally positive outlook, but, warns Andy Harris, some firms may be slipping back into bad habits 

Andrew Otterburn

Bench pressSubscription

4 August 2015

Our 2016 Financial Benchmarking Survey is now open for contributions. We asked a law firm partner and a legal consultant why and how they use the survey to support their work

Andy Harris

Hope springs

15 February 2015

The Law Management Section’s 2015 Financial Benchmarking Survey has just been published, and for the first time in many years, the results all suggest positive change in the market. Andy Harris from Hazlewoods introduces the results of the survey

All Features on the Survey

Benefits of Membership*

Law Management Section renewals

The Law Management Section will provide you with support, advice, networking opportunities and enable the sharing of best practice with peers.

The current Section Engagement Programme has been created in consultation with the Section Committee and will focus on key issues including:

  • Practice Management
  • Talent Management
  • Financial Management
  • Staffing Models
  • IT
  • Client Focus
  • Cyber Security

These issues will be addressed through a range of activities including: Webinars, Magazines, Regional Forums, Seminars, a Conference, Website, E-newsletters and a LinkedIn Group.

*See Section terms and conditions

Join today