2024 Benchmark Report Part 1: Law Firm Finances

You're in law because you want to make a difference for your clients. But you also run a business—one that you work hard to make successful. The good news? You don’t have to choose between serving your clients and solidifying your financial health. In fact, these things are often interconnected.

In our 2024 Benchmark Report Part 1, we analyze financial metrics from MyCase and LawPay, focusing on expenses, payment trends, and retainer dynamics to assess their influence on a law firm's bottom line. Discover the key factors that make or break a law firm's financial health, and learn how top firms master financial management and significantly enhance profitability and client satisfaction.