Law Firm Productivity Benchmark Report 2023, Part 1
Running a law firm isn’t easy. Balancing business obligations with the practice of law can be challenging. Between demanding clients, court deadlines, and staying up-to-date with changing laws and regulations, it’s often difficult for lawyers to run their firms efficiently while maintaining a competitive edge.
Data and technology can play a critical role in bridging that gap. In part one of the 2023 Benchmark Report, we provide key benchmark productivity KPIs in various practice areas and how the productivity KPIs to track in your firm.
See how your firm stacks up against these benchmarks on key performance metrics like billable hours, utilization rates and work-in-progress rates.