This statistic shows the methods used by law firms in the United States to increase profitability between 2017 and 2020. During the 2020 survey, 78.4 percent of respondents stated that they acquire laterals or law firms, in order to help increase their firms' profitability.
In the last few years, has your firm done any of the following specifically to improve firm profitability?
Multiple answers were possible. The source did not provide the method of survey.
Values prior to 2020 were taken from previous editions.
2017 base: 386 firms
2018 base: 398 firms
2019 base: 362 firms
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Altman Weil. (June 22, 2020). In the last few years, has your firm done any of the following specifically to improve firm profitability? [Graph]. In Statista. Retrieved November 14, 2024, from https://www.statista.com/statistics/720777/law-firm-methods-used-to-increase-profitability-us/
Altman Weil. "In the last few years, has your firm done any of the following specifically to improve firm profitability?." Chart. June 22, 2020. Statista. Accessed November 14, 2024. https://www.statista.com/statistics/720777/law-firm-methods-used-to-increase-profitability-us/
Altman Weil. (2020). In the last few years, has your firm done any of the following specifically to improve firm profitability?. Statista. Statista Inc.. Accessed: November 14, 2024. https://www.statista.com/statistics/720777/law-firm-methods-used-to-increase-profitability-us/
Altman Weil. "In The Last Few Years, Has Your Firm Done Any of The following Specifically to Improve Firm Profitability?." Statista, Statista Inc., 22 Jun 2020, https://www.statista.com/statistics/720777/law-firm-methods-used-to-increase-profitability-us/
Altman Weil, In the last few years, has your firm done any of the following specifically to improve firm profitability? Statista, https://www.statista.com/statistics/720777/law-firm-methods-used-to-increase-profitability-us/ (last visited November 14, 2024)
In the last few years, has your firm done any of the following specifically to improve firm profitability? [Graph], Altman Weil, June 22, 2020. [Online]. Available: https://www.statista.com/statistics/720777/law-firm-methods-used-to-increase-profitability-us/
