Research shows law firms cut marketing budgets
Lawyers slash marketing budgets and headcount in 2021 with outsourcing and digital marketing embraced New research amongst law firms and accountants with more than 15,000 employees reveals that marketing and business development budgets were cut to 2.6% of turnover in 2022 from 3.1% in 2020. For a typical professional services firm with a £20 million […]
SRA consults on 2022-23 business plan, budget and fee levels
The Solicitors Regulation Authority (SRA) has launched a public consultation on its 2022-23 Business Plan and budget, including details of the work it plans to focus on in the coming year, continuing its commitment to accountability and transparency. Covering the third and final year of the SRA’s current Corporate Strategy, the plan sets out the […]