Insights on Profitability, Efficiency, and AI Adoption for Law Firms
Modern law firms are navigating a critical shift. Rising financial pressures, growing caseloads, and evolving technology are redefining how firms operate, maximize settlements, and scale efficiently.
But which innovations actually improve case value and profitability? Where are firms still losing time and revenue? And how are top-performing firms staying ahead?
The 2025 Legal Industry Report uncovers real-world data on AI, automation, and financial management, equipping firms with the insights they need to streamline workflows, increase revenue, and optimize case outcomes.
High-Volume Caseloads.
Our research shows that missed deadlines, inefficient workflows, and managing client communications create significant strain. Our findings indicate firms that make this change can save 15+ hours per month.
A Shift to Automation.
AI isn’t replacing lawyers—it’s eliminating inefficiency. 61% of firms report greater efficiency with AI-powered billing and invoicing, cutting errors and speeding up payments. The real barrier isn’t technology—it’s trust.
A Data-Driven Firm.
Our findings indicate that the most successful firms aren’t just managing cases, they’re tracking performance, client trends, and financial health—reporting higher efficiency, stronger cash flow, and improved client satisfaction.
The right tools don’t just organize your firm—they drive bigger, faster settlements.
20% of law firms have implemented AI firmwide
Passive time tracking increases billable hours, with some firms recapturing up to $4,000/month
Firms using online payment processing see a 28% boost in collected fees
Firms that integrate practice and financial management tools are closing cases faster, improving client satisfaction, and increasing profitability.
I’ve been writing about legal technology and speaking to my colleagues about the importance of understanding and implementing technology for nearly twenty years...My hope is that the analysis offered in this report provides the benchmarks and information needed to make informed, strategic decisions about your firm in the coming year.
Nicole Black / Esq
