Take part in the Financial Benchmarking Survey 2025

Complete the Financial Benchmarking Survey before Friday 27 September for a free personalised financial report for your firm.
Two solicitors at a desk looking at data on a computer, talking and smiling.
Photograph: Darren Filkins

This report enables you to compare your firm’s performance to your peers on key firm income and expenditure measures.

Complete the survey before Monday 15 July and you’ll also be entered into a prize draw for a lavish hamper.

Written and produced by the legal team at Hazelwoods LLP, the survey is widely recognised as the annual financial health check for law firms.

By taking part in the survey, you’ll receive:

  • a free 16-page report showing how your firm’s financial performance compares with your competitors
  • a copy of the full survey results
  • an invitation to any launch event

Sponsored by Lloyds BankThe streamlined survey takes about 45 minutes to complete, and your answers are strictly confidential.

This survey should have one submission per firm.

How you can use the report

You can use the report to monitor your firm's profitability, control overheads and inform partner discussions on:

  • fees and hourly charge-out rates
  • fee-earner performance
  • review meetings and departmental analysis
  • understand business trends
  • comparisons to firm outside of local benchmarking networks
  • understanding impact
  • fee-earner and support staff distribution
  • working capital, debtor days and total lock-up numbers
  • budget setting and marketing spend
  • salaries and people costs

To view the 2024 report, visit our Leadership and Management Section or read the commentary.

Take part in the Financial Benchmarking Survey 2025

Maximise your Law Society membership with My LS