In BigHand’s Legal Pricing and Budgeting Report, data was collected from over 800 senior legal finance and pricing professionals, managing partners and practice managers offering findings on the latest pricing and matter budgeting trends.
These findings include:
- Escalating client expectations, including demands for increased financial transparency and AFAs
- The impact of the pandemic on billable hours, write-offs, and PEP
- How law firms are responding, including the expansion of AFAs
- The state of law firm matter budgeting and tracking against actuals and its impact on the bottom line
- How People, Process, and Technology are more important than ever as firms return to ‘normal’ working patterns and plan for the next phase of growth
Published October 29, 2021.
