Business Insights

UNDERSTANDING YOUR BUSINESS CHALLENGES

Understanding the business challenges our customers face is important to ANZ. Challenges can be country-wide, or sector-specific.

Either way - we are better able to help businesses meet them, and grow from them, if we have an understanding of what those challenges are.

LEGAL SERVICES BENCHMARKING REPORT – GROWING PROFIT AND REVENUE


Knowledge is key when you’re practising law – and it’s just as important when you’re running alaw firm.  Knowing how your firm is performing in relation to your peers and competitors can helpyou run your business better, grow your revenue, and improve your bottom line.


At ANZ, we can provide information to help you address key strategic questions, including:

  •  Does size matter? Do more partners mean higher profit margins?
  •  Where is the growth? Which parts of the country are experiencing the strongest revenue growth?
  •  Are your costs under control? How does your expense ratio compare with others in the sector?
 
 

 

Download the 2017 Legal Benchmarking report now

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This material is provided as a complimentary service of ANZ. It is prepared based on information and sources ANZ believes to be reliable. Its content is for information only, is subject to change and is not a substitute for commercial judgement or professional advice, which should be sought prior to acting in reliance on it. To the extent permitted by law ANZ disclaims liability or responsibility to any person for any direct or indirect loss or damage that may result from any act or omissions by any person in relation to the material.

TURNING SECTOR DISRUPTION INTO OPPORTUNITY


Technology is changing the legal sector and it has recently been described as the 4th industrial revolution. It is not as simple as better mobile phones or faster computers. Rather, it is about technology changing how firms do business, how employees work and how firms hire new employees including graduates. To navigate through the challenges successfully, law firms will require a proactive banking partner who understand the disruption they are facing.


INSIGHTS START HERE


To help you navigate the new challenges, we have produced a new Thought Leadership paper on “Hiring for Tomorrow’s Law”. The research highlights how technology is changing law but at the same time it will change how lawyers will work and who they employ from university.

 

       


 

Download the 2017 Legal Insights Report Now

Download now

INDUSTRY TIPS & CASE STUDIES


VIDEO

HIRING FOR TOMORROW’S LAW

Listen to how technology is impacting choices for new lawyers

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