Law By the Numb#rs

Leverage Still Rules: There’s one difference between law-firm ‘haves’ and ‘have-nots’

Chart Illustration by Stephen Ravenscraft Thomson Reuters Peer Monitor, in its 2016 Law Firm Leaders Forum Special Report, used compound annual growth-rate statistics to divide large law firms into “haves”—showing 10 percent or more CAGR growth between 2013 and 2015, and “have-nots,” which showed 0 percent or less. CAGR is…

Feb 1, 2017 1:20 AM CST

Law schools expect applications to increase, but grads’ job data shows decline

The numbers: 78 percent of law school admissions officers express confidence their 2016 application numbers will increase. There was a 7.6 percent decline in law firm jobs secured by the class of 2015. Two studies from this fall inspire very different impressions of the state of the legal profession, at…

Dec 1, 2016 1:40 AM CST

Who’s afraid of cybercrime?

Chart by Stephen Ravenscraft Security of legal documents is an issue heated to a boiling point by the internet and continual news reportage on data breaches. The 2016 Legal Technology Survey Report gives some perspective on how this issue is being handled by ﬁrms large and small. The survey received…

Nov 1, 2016 1:30 AM CDT

To gain more clients, use social media

So Facebook is frivolous? LinkedIn a laugh? Twitter a twit? A FindLaw survey warns lawyers not to dismiss social media out of hand.

Oct 1, 2016 2:10 AM CDT

How much money can you make in different practice areas?

Chart by Stephen Ravenscraft This summer the ABA, along with Glassdoor, Salary.com, LawyerEdu.org and the National Association for Law Placement published statistics about attorney salaries by practice area. And the makers of Practice Panther law practice management software combined the data to create this list. They suggest it might be…

Sep 1, 2016 1:50 AM CDT

Does SEO relate to law-firm success?

Study finds strong tie between search engine visits and new phone calls to firms.

Aug 1, 2016 1:40 AM CDT

Fewer lawyers—and jobs—for the Class of ‘15

Chart by Stephen Ravenscraft This article originally appeared in the July 2016 issue of the ABA Journal with this headline: “Fewer Lawyers–And Jobs: Class of ‘15 gains only in percentages.”

Jul 1, 2016 1:40 AM CDT

How much is that website?

Median market cost: $5,096 | 72 days for site construction With more people using the internet to find legal service providers and more law firms putting their brands on the web having a website has become a necessity for lawyers and firms of all sizes. But thoughts about high costs…

Jun 1, 2016 1:30 AM CDT

Poor intake processes are leaving potential clients hanging, study finds

Graphics by Stephen Ravenscraft This article originally appeared in the May 2016 issue of the ABA Journal with this headline: “Leaving Potential Clients Hanging: Many who inquire don’t get exemplary intake service.”

May 1, 2016 1:20 AM CDT

More ‘best firms’ have females as top rainmakers

Graphics by Stephen Ravenscraft • 2015 survey’s executive summary (PDF) • Top 50 Firms This article originally appeared in the March 2016 issue of the ABA Journal with this headline: “Raining Up: More ‘best firms’ have females as top rainmakers.”

Mar 1, 2016 1:30 AM CST

Legal startups seeking seed capital are sprouting

Graphics by Stephen Ravenscraft. This article originally appeared in the February 2016 issue of the ABA Journal with this headline: “Self Service: Legal startups seeking seed capital are sprouting.”

Feb 1, 2016 1:20 AM CST

Midsize corporations are slow to pick up on e-discovery innovations

Graphic by Stephen Ravenscraft This article originally appeared in the January 2016 issue of the ABA Journal with this headline: “Undiscovered Country: Midsize corporations are slow to pick up on e-discovery innovations.” • BDO Consulting’s full report (PDF)

Jan 1, 2016 1:40 AM CST

Leverage Still Rules: There’s one difference between law-firm ‘haves’ and ‘have-nots’

Law schools expect applications to increase, but grads’ job data shows decline

Who’s afraid of cybercrime?

To gain more clients, use social media

How much money can you make in different practice areas?

Does SEO relate to law-firm success?

Fewer lawyers—and jobs—for the Class of ‘15

How much is that website?

Poor intake processes are leaving potential clients hanging, study finds

More ‘best firms’ have females as top rainmakers

Legal startups seeking seed capital are sprouting

Midsize corporations are slow to pick up on e-discovery innovations

There’s an uptick in e-filing in state and local courts

Half of respondents in legal tech survey have encryption, but less than a third use it

Starting associate pay of $160K is common—but not as common as in 2009

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Comments mixed on proposals to pull back law school diversity standards

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Why some states are introducing pathway to bar that doesn't include bar exam

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