Benchmarking Your Law Firm: Find the Gaps Costing You Time, Profit, and Growth
Thursday, 30 October 2025 by Tracy McAllister
Summary Know your numbers. Measure earnings, usage rates, and what’s lost to see where growth hides. Industry targets. Healthy law firms keep 20–35 cents per dollar billed. Lawyers bill 60–75% of their time, while write-offs claim 5–15%. Measure carefully. Record each lawyer’s billed hours, compare them to targets, and log any write-offs or discounts. Use time tracking
- Published in Legal Business Tips, Time Tracking

