SIC 8111 | NAICS 541110
Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:
Monthly professional journal features news and analysis for legal executives and professionals, with special features including the "Am Law 100" report (May issue) which ranks the top 100 law firms by revenue, the "Am Law 200" report (June issue) which ranks the top 200 firms by revenue, and the "A-List" report (July issue) which ranks the top 20 firms based on data from four other ALM surveys.
Publications section provides an extensive selection of books, periodicals, and other publications covering a wide range of topics, with topics covered in the practice management and professional interests sections including practice management and administration, billing and finance, marketing, technology, multijurisdictional practice, professional liability, legal education, and career guidance.
IRS audit guide includes an overview of the legal services industry and its business practices, with topics covered in the guide including accounting records, bank accounts (e.g., operating account, general trust account, segregated trust account), client-related expenses, attorney-client privilege, gross income and payment arrangements, advanced client costs, and promotional expenses.
Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level including:
Survey of Law Firm Economics
https://www.lawcatalog.com/
Annual survey allows users to compare their firm's performance with other similar firms based on firm
size, practice area, market area population, and geographic region (e.g., national, census region, and
metro area), with data analyzed in the survey including income and expenses, billable hours, unbilled
time, billing rates, realization, fees receivable, partner and staff compensation, and personnel ratios.
Small Law Firm Economics Survey
https://www.lawcatalog.com/
Annual survey allows users to measure their firm's performance against other firms with 20 or fewer
attorneys based on firm practice area, market area population, and geographic region (e.g., national,
census region), with data analyzed in the survey including income and expenses, hourly billing rates,
billable hours worked, unbilled time, receivables, partner and staff compensation, and staffing ratios.
Comprehensive annual survey provides compensation data for associates by firm size, geographic region, and metro area population, with detailed salary analyses available for 29 major metropolitan markets. Other compensation surveys available from this source include the biennial "Law School Career Services Survey" and the biennial "Public Sector & Public Interest Attorney Salary Survey".
Survey of Law Firm Economics
https://www.lawcatalog.com/
Annual survey provides information on billing rates, billable hours, realization, and other factors
which affect law firm compensation, with job positions analyzed in the survey including equity partners,
non-equity partners, associates, and of counsel personnel, and compensation data included in the survey
broken out by region, firm size, practice area, years admitted to the bar, and years of experience.
ALM/IPMA Compensation Survey for Paralegals and Managers
https://www.lawcatalog.com/
Annual compensation survey provides salary, bonus, and benefits information for paralegals, legal assistants,
and case managers, with compensation information reported by practice area, years in profession, size
of firm or department, company revenue, type of industry, and geographic region
(e.g., national, census region, and metropolitan area). Detailed
table of contents is available online.
Comprehensive valuation guide contains over 45 chapters focused on valuing professional practices, degrees, and licenses for divorce purposes, with topics addressed in the guide specific to attorneys including the difficulties of representing attorneys in divorces, legal issues in valuing a law practice, and various factors included in the sale of a legal practice relevant to valuation for divorce litigation.
Interactive database provides detailed transaction data for over 38,000 private and public companies sold for prices ranging from under $250,000 to over $500,000,000, with valuation measures provided including market value of invested capital as a multiple of revenue, gross profit, EBIT, EBITDA, SDE, and book value of invested capital. User guide, free webinar, and sample reports are available online.