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.
Not exact matches
The investment indicator in the Business Outlook
Survey weakened significantly from the summer report, as the balance
of opinion between
firms planning more spending on machinery and equipment versus those predicting less dropped to 17 per
cent from 29 per
cent in the summer and 35 per
cent at the start
of the year.
Analysts
surveyed by Thomson Reuters had projected the
firm to post a loss
of 82
cents on a revenue
of $ 2.61 billion.
Most important, a
survey last year by WDS, a Xerox - owned
firm, showed that three - quarters
of iPhone users stick with the brand when upgrading their devices, compared to 58 per
cent for Samsung.
Even the younger set find these benefits appealing, with 82 per
cent of those ages 20 to 37 (millennials) and 81 per
cent of those ages 38 to 52 (generation X) citing the benefits as a critical factor in accepting a job, compared to 74 per
cent of baby boomers (ages 53 to 71), found the
survey by management consulting
firm Accenture.
In line with this, the NAB
survey reported that
firms continue to anticipate low and steady inflation for final product and retail prices, both
of which are expected to increase by 0.3 per
cent in the December quarter.
«In a recent FSB member
survey,
of the 20 per
cent of small
firms that had applied for credit in the 12 months to June, a third have been refused.
More than three quarters
of the
firms surveyed said that their costs had increased in the quarter, mainly due to rising commodity prices as more than half
of respondents (57 %) cite rising energy costs, and 49 per
cent increase in the cost
of raw materials as the reason.
As the UK marks 200 days until the start
of the Olympic and Paralympic Games, the FSB's «Voice
of Small Business»
Survey Panel shows that 62 per
cent of small
firms believe that the Games will have no long term positive impact on their business, despite promises that the legacy
of the London 2012 Games will continue for years.
Last year, a
survey by the consultancy
firm KPMG Peat Marwick found that 86 per
cent of companies were in favour
of them.
The
survey, conducted by law
firm Winckworth Sherwood, found that 52 per
cent of schools had not taken the opportunity to offer larger pay rises to the best performing teachers, instead continuing to offer a pay rise
of just one per
cent.
According to a
survey conducted last year by market research
firm The Intelligence Group's Cassandra Report, 44 per
cent of 900 shoppers between the ages
of 14 and 34 think
of resale value when they purchase things like electronics, furniture and clothing.
A global
survey of 642 senior executives, campaigners and academics conducted by consultancies GlobeScan and SustainAbility found 88 per
cent of respondents regard pressure to deliver immediate financial results remains a significant barrier to
firms» sustainability efforts.
If you're a lawyer looking for work — or a change
of scene — you'll be glad to know that 44 per
cent of the 60 law
firms that participated in this year's
survey plan to hire more lawyers in 2011.
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.
Indicative, too,
of the somewhat mercurial state
of the profession, the
survey shows only 45 per
cent of law
firm respondents plan to increase their associates» salaries in 2013, whereas 77 per
cent of corporate legal departments say they will bump up their lawyers» earnings.
The
survey from legal consulting group Altman Weil shows 96 per
cent of law
firm leaders identified «more price competition» as a permanent development, but only 29 per
cent are changing their «strategic approach» to pricing.
The use
of alternative fees such as non-hourly based billing is also up, but still only represents 10 per
cent of fees collected, according to the Law
Firms in Transition Survey, which received responses from law firm leaders at 238 U.S. law firms with 50 or more law
Firms in Transition
Survey, which received responses from law
firm leaders at 238 U.S. law
firms with 50 or more law
firms with 50 or more lawyers.
The
survey showed 21 to 30 per
cent of fees were based on discounted rates, and in large
firms of 250 or more lawyers, 31 to 40 per
cent of fees are being discounted.
According to the report, 43 per
cent of lawyers
surveyed at law
firms and corporations indicated they are likely to increase hiring in the fourth quarter
of 2011.
Law
firms also showed some optimism through the
survey, with 59 per
cent of respondents indicating earnings for partners increased in 2016 over the previous year.
The
survey showed that 66 per
cent of law
firms also pay bonuses to associates.
Fifty - seven per
cent of the respondents to Legal Week's latest Big Question
survey said guaranteed deals were either not very effective (43 %) or made no difference (14 %) in helping law
firms secure the best talent, with just 12 % regarding them as very effective and 31 % as quite effective.
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.
Our
survey shows 72 per
cent of in - house counsel respondents say law
firms have not contacted them in any way over the past year to take the pulse
of the relationship.
In this ultra-competitive environment law
firms are now in — only 19.5 per
cent of those
surveyed said their lead law
firm clearly provides better services than its closest competitors — it is foolhardy to not talk to your clients to find out how you're doing.
However, just 14 per
cent of law
firms are meeting that threshold, according to the
survey.
One
of the more interesting points
of the
survey is the following, concerning
firms changing their IT environments wholesale: «Interestingly, Gartner found that 37 per
cent of respondents are changing their IT environment completely, moving from current -LSB-...]
Research
firm Gartner analyst Tom Bittman recently reported that 95 per
cent of respondents in one
of its
surveys found some aspect
of their IaaS private cloud has «gone wrong.»
Forty per
cent of survey respondents indicated they currently use LPO for work in their
firms or departments.
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.
Ninety - five per
cent of managing partners at the UK's leading law
firms predict major consolidation at the top end
of the legal sector over the next two years, a
survey of more than 100
of the UK's top 200 law
firms shows.
In the Canadian Lawyer Corporate Counsel
Survey, published in the November / December 2008 issue, 92 per cent of the corporate counsel surveyed said their law firms had not asked them to complete a written satisfaction survey in the previous 12 m
Survey, published in the November / December 2008 issue, 92 per
cent of the corporate counsel
surveyed said their law
firms had not asked them to complete a written satisfaction
survey in the previous 12 m
survey in the previous 12 months.
A
survey released by one
of the big players claims that 70 per
cent of litigation partners at the country's leading law
firms reckon that clients are showing an increasing interest in turning to commercial funders.
Interestingly, this popular operating system was still used at an astonishing 37 per
cent of U.S. law
firms only a year or so ago, according to a 2012
survey by the International Legal Technology Association and as reported in the ABA Journal.
Fee adjustments and rates are based on changes in
firm costs and / or inflation for 55 per
cent of those
surveyed.
In a
survey of the sector due to be published next month, 38 per
cent of respondents said their
firms are already moving away from desktops towards laptops for most
of their people and 17 per
cent said their
firms are considering such a shift.
Four out
of five law
firms reported worries around increased competition, a twenty per
cent rise year on year according to our latest law
firm survey.
EWYK remained the most popular partner compensation method in our
survey, used by 35 per
cent of responding law
firms, but that was down from 40 per
cent in 2015.
The short - term news was good at 56 per
cent of responding
firms, where partner earnings increased last year, according to the
survey, although that figure may have benefited in part from the de-equitization
of partners, which was reported at around nine per
cent of respondents.
[/ a] In fact, 46.8 per
cent of respondents to the annual Canadian Lawyer Corporate Counsel
Survey said the billable hour is still the main arrangement they have with their primary law
firm, followed by a combination
of billable hours and flat fees at 31 per
cent.
Lawyers from a wide variety
of firm sizes took part in the
survey, with the bulk, or 57 per
cent, in
firms of one to four lawyers.
A
survey last summer by ALM Legal Intelligence, «Pricing Professionals: Essential to Law
Firms, An Ally to Clients,» found 76 per cent of large U.S. law firms employ a pricing officer within the
Firms, An Ally to Clients,» found 76 per
cent of large U.S. law
firms employ a pricing officer within the
firms employ a pricing officer within the
firm.
A recent
survey in January entitled «Global Trends in Hiring Outside Counsel» found respondents were dissatisfied with larger law
firms 19 per
cent of the time.
A
survey by the advisory
firm EY predicts that Canadian adoption rates
of financial services developed by financial technology
firms could triple to 24.1 from 8.2 per
cent in the space
of a year, across all age groups and income levels.
In fact, our annual Canadian Lawyer Corporate Counsel
Survey indicates 72.6 per
cent of those who responded said they use the services
of boutique law
firms.
Of those
surveyed, 17 per
cent said they had fired their law
firm because they were slow or provided poor service.
«A net 49 per
cent of lawyers at law
firms and corporations
surveyed indicated they are likely to increase hiring in the third quarter
of 2011.
Only 21 per
cent of businesses have implemented a
firm - wide digital transformation strategy, according to a
survey from the Economist Intelligence Unit and SAP.