Legal Market Intelligence Reports
Benchmark your compensation and billing rates against leading local and international law firms worldwide.
What are the benefits of participating in the survey for one of your reports?
Aside from helping to provide a more accurate picture of your market, your firm will be eligible to obtain the resulting LMI report at a substantially discounted price (usually between 40 and 50 per cent off the list price). LMI reports are typically published around one month after the associated LMI survey has been completed. LMI reports are provided in PDF format, with key data tables also provided in Excel format. Both can be distributed within your firm as needed.
Can you tell us whether our firm has participated in any other jurisdictions that you cover?
If you are part of a large international US or UK firm, then your firm will most likely have cooperated with us on previous reports in other jurisdictions. To find out whether your firm has any history of participation, please contact us and we will confirm immediately.
What does taking part in the survey involve?
Participation involves completion of a confidential survey workbook. Where possible, we also like to conduct a short supporting interview, which typically lasts 20 to 30 minutes. Any information submitted for our LMI surveys remains confidential. Our research is fully independent and documents assuring data confidentiality and anonymity are provided to all participants.
Our salary and billing rates are highly confidential – why would we give them to you?
Naturally, we understand how sensitive this information can be and Legal Market Intelligence has over a decade’s experience in handling such delicate data. Any data that you choose to provide will remain entirely anonymous and confidential, and will be used solely to calculate market averages and ranges for the given report. Your firm’s participation will remain entirely confidential. Formal agreements such as this are always issued to all respondents. Naturally, the more participants that there are for any report, the more accurate the market data will be. So if you are planning on purchasing the final report, not only will you qualify for a substantial discount, but you will also be helping to create a better and more accurate product for your firm.
Which firms took part in the last survey for my jurisdiction?
We survey only recognised international firms (including magic circle UK firms and top-tier US firms) and leading local firms in each jurisdiction. Since a great deal of the data that law firms provide to us is highly sensitive, we guarantee all our participants anonymity and provide confidentiality agreements to reassure participants that their data is in the safest of hands. Within the reports, for the purposes of comparative data analysis, we split firms into groups such as US, UK, domestic and European, as well as comparing all firms together.
I’m sceptical about this kind of survey. How do we know that the data being provided to you is accurate?
In most of the jurisdictions we cover, the reports are compiled annually. This means that we are able to compare data against previous results and flag up any anomalies to query with participants. The fact that our interviews are conducted face to face provides us with an opportunity to discuss data in-depth and investigate any apparent discrepancies. Since the participants’ identity remains confidential, there is no reason for firms to exaggerate their figures.
When does research for my jurisdiction take place?
The research timetable can vary significantly from year to year. Although we will usually try to contact your firm when we are organising research interviews for a new report, we cannot always be sure we have the right contacts in place. To find out when the next report is due for your region, please contact us.
I am interested in the reports, but I would like to see one in more detail.
You can view a generic version of how we represent some of the data here. If you would like to see an old example of a report for your jurisdiction, please contact us.
How much do the reports cost?
Prices vary according to jurisdiction. Participation in the research for a given report guarantees a substantial discount on the list price (usually between 40 and 50 per cent). You can also purchase bundles of reports and global subscriptions for additional discounts. For up-to-date pricing details, please contact Gwilym Davies at gdavies@GlobeBMG.com.
Do you offer subscriptions to all your reports?
We can offer full (to all annual reports) or partial (to selected reports) subscriptions at significantly discounted rates. Contact us for details.
There does not seem to be a report available for my jurisdiction – how can we get one?
The list of jurisdictions covered by our reports changes according to market demand. If your firm is interested in commissioning a report for a jurisdiction not currently available, please contact us.
Which firms were surveyed in my jurisdiction?
We survey only recognised international firms (including magic circle UK firms and top-tier US firms) and leading local firms. Since a great deal of the data that law firms provide us with is highly sensitive, we guarantee all our participants anonymity and provide confidentiality agreements to reassure participants that their data is in the safest of hands. Within the reports, for the purposes of comparative data analysis, we split firms into groups such as US, UK, domestic and European, as well as comparing all firms together.