Sentences with phrase «cent of firms»

81 per cent of firms in your industry employ fewer than 5 people.

Almost 10 per cent also said they sponsor a pension plan, compared with a negligible number of respondents last year, and around four per cent of firms in 2014.

And while a little more than half of firms sponsor firm - wide meetings of women partners, only 29 per cent of firms consider such events to be effective.

About 87 per cent of firms offer benefits to partners and associates, accounting for around 10 per cent of compensation on average.

Already, 63 per cent of firms surveyed said they run much of their IT in the cloud, and 62 per cent use managed services for cybersecurity.

Thirty - eight per cent of firms have an annual monetary billing target for associates with the greatest number, 45 per cent, falling in the range of $ 200,000 to $ 300,000.

Only seven per cent of firms penalize those who fail to hit their billable hours target, though this is a slight increase on last year's five per cent.

A new survey by Robert Half Legal of law firms from across Canada indicates that 71 per cent of firms say finding skilled professionals like lawyers, paralegals and legal assistants is challenging.

And while only 7.7 per cent outsource legal work, 20 per cent of firms with at least 250 lawyers said they outsourced legal work.

Cameron pointed to a study from the government's Manufacturing Advisory Service last autumn found 15 % of companies are returning production - more than triple the four per cent of firms which offshored in 2012.

British firms also came out bottom for publishing specific targets for improvements (20 per cent of firms compared with 62 per cent in the US) and in using recycled paper (35 per cent against 80 per cent in the US).

Seventy - two per cent of firms noted staff retention and succession planning as key priorities, and half of all legal firms pointed to staff retention as an issue.

Meanwhile, 48 per cent of firms indicated they will hire more lawyers in the coming year, while 47 per cent are expecting to keep the same number and six per cent will reduce the number of lawyers.

Around nine per cent of firms de-equitized partners in the last year, while the Heenan Blaikie LLP collapse (read more in this month's cover story) is fresh in everyone's minds.

Luckily, this year was a good one for most partners according to the survey, with 51 per cent of firms reporting an increase in partners» earnings in the last year.

Our Excess Insurance program continues to attract a solid 20 per cent of our target market (lawyers in firms of 50 or fewer lawyers) and in 2011 provided excess coverage to a record 1,466 firms representing 3,711 lawyers; as well, our retention rate on this program is high — with 97 per cent of firms choosing to stay with LAWPRO for their excess coverage in 2012.

Sixty - nine per cent of firms operate out of just one office, 17 per cent had between two and four offices, nine per cent had between five and 10 offices, and five per cent had more than 10.

Our respondents also struck an optimistic tone when it comes to hiring plans, with 42 per cent planning to increase their lawyer count by the end of 2016, up from 24 per cent at the same time last year, while just over six per cent of firms predict a downsizing.

Thankfully for those not quite up to the job, just seven per cent of firms penalize a missed target, while 39 per cent awarded bonuses for hitting the magic number.

In the 2013 survey, 39 per cent of firms say they hand out bonuses for hitting the billing target but only four per cent penalize associates who miss it.

About 12,000, or more than half of all private practitioners in Ontario, work in firms with five lawyers or fewer, while 86 per cent of all firms in the province contain five lawyers or less, Pawlitza said, noting they are also responsible for almost all legal services in languages other than English.

The same survey also found that 32 per cent of firms said they are expanding or adding new positions, and 44 per cent of respondents said they're worried about losing staff in the coming months to other jobs.

While Canada is ranked fifth in the world (behind the U.S., China, India and the U.K.) in terms of global venture capital investment, and many Canadian companies achieve success in their first five years, only three per cent of firms that survive beyond that point classify as high growth.

It may provide some relief to newly called lawyers to hear that 45 per cent of firms that responded to the Compensation Survey plan to hire more lawyers in the coming year, 53 per cent plan to keep the same number of lawyers, and just two per cent plan to downsize.

Forty per cent of firms have annual monetary billing targets for associates, most commonly requiring them to bill under $ 200,000 a year.

Now 25 per cent of the firm's revenue is from offshore sources,» said Weir.

Firms were required to have approved Compliance Officers for Legal Practice (COLPs) and Compliance Officers for Finance and Administration (COFAs) in place by 01 January, however, although individuals were approved at more than 8,800 firms, more than ten per cent of firms have failed to meet the deadline.

Flat fees came in second, with 66 per cent, and 47 per cent said the use of flat fees applies in less than 25 per cent of the firm's work.

Commissions are paid to associates on files at 26 per cent of firms, up from 20 per cent last year.

About 48 per cent of firms are on the lookout for new lawyers this year, up from 40 per cent last year, with just two per cent planning to downsize.

«It's positive to note that over 70 per cent of firms have delivered or embarked on remote and mobile working, but with work still to do to make their use a cultural norm,» the report said.

However its London office is still small compared to the rest of the network, making up 3 per cent of the firm's $ 1.6 bn global revenue.

Fines of up to $ 20 million or four per cent of the firm's turnover (whichever is greater) can be imposed for the most serious data protection offences.

As it stands, only 44 per cent of firms have made significant strategic changes to enhance efficiency, and only one - third of firms have looked at changing their basic pricing structure.

41.4 per cent of firms — compared to 24 per cent last year and 28 per cent the year before that — saw more pro bono hours dedicated to this area.

Law firms stand out from other businesses in that they have to be entirely owned and controlled by lawyers (though in Quebec it is possible to set up a professional corporations where up to 50 per cent of the firm is owned by non-lawyers.)