MARKET PRICING DATA
Benchmarked against data from other other legal practitioners and relevant firms, we deliver pragmatic insights to help you make informed pricing decisions. Anything less is flying blind.
Market Pricing Data
Most law firms price on instinct not from informed research. Our Pricing Intelligence clients are able to set fees based on accurate market intelligence, confidently explain and justify charges and price consistently with their firm’s wider strategies.
"Having just entered our firms' data (April 2014), I can see that the resulting report is going to be invaluable in helping us to take the guesswork out of setting hourly rates. When even £10 an hour across many fee earners can have a profound effect on the bottom line, I don't know why someone hasn't thought to do this before. It’s a smart idea which should be of real benefit to participants." Roland Millar, Head of Finance, Thomson Snell & Passmore, Tunbridge Wells
"Congratulations to Burcher Jennings! If any idea’s time has come, then surely this is it – a guide to what law firms are really charging. The pricing data available from Burcher Jennings is surely set to take its place alongside financial benchmarking surveys as a tool which no law firm’s managing partner can be without." Nigel Haddon, former law firm CEO, Immediate past Chair Law Management Section, Law Society of England & Wales
“When we are constantly bombarded with benchmarking data about how our competitors are doing, having something that will give real value is unusual. Being able to see whether a firm’s charging strategies are out of kilter with the market can only be a good thing”. Robert Camp, Managing Partner, Stephens Scown, Devon & Cornwall, a Chambers & Legal 500 'Leading Firm'
Our unique approach surveys law firms across the UK
Over recent years, we have developed a methodology (successfully trialed with New Zealand law firms for 5 years) which enables to gather in-depth qualitative information from law firms across the country. This intelligence is only made available to law firms and accredited sole practitioners. These reports are never offered for sale to any other party or industry sector.
- The surveys we create are completed on-line and only take around 15 minutes to complete.
- All information remains strictly confidential and participants remain anonymous.
- Burcher Jennings analyse the data and produces benchmark reports and insights.
- The Report is published online and updated throughout the year in line with further research and findings.
Ready to make informed pricing decisions?
The Burcher Jennings Market Pricing Data Report is an annual subscription service that has been designed to meet the needs of the modern law firm. It is split into three levels based on your requirements. And as a launch bonus we are giving away 500 FREE SUBSCRIPTIONS to the Entry Level membership.
- ENTRY LEVEL MEMBERSHIP -
£249 (plus VAT)FREE FOR THE FIRST 500 SUBSCRIBERS
Standard Report / Regular Updates / Regional seminar –
ENTERPRISE LEVEL MEMBERSHIP - £549 (plus VAT)
Benchmarked Report / Updates / Regional seminar – free entry
PREMIERE LEVEL MEMBERSHIP - £1,995 (plus travel & VAT)
Benchmarked Report / Updates / Personal half day-firm visit by a Burcher Jennings consultant to debrief your partners on the results.
Results from the Burcher Jennings Pricing Survey are presented in an easy to read format with actionable insights.
Personalised Benchmarked Report
Along with results from the Annual Survey, your firm’s results are benchmarked against the relevant group of other firms. This alignment provides useful and pragmatic insights from other legal practitioners across the UK.
Free periodic updates to the Annual Report and additional insights are published for subscribers into topical pricing issues, and are available to you for the duration of your membership.
A member-only, half-day seminar covering the results of our most recent Annual Survey and practical ways of using the analysis and feedback from firms. Firms subscribing to the ‘Enterprise’ package receive two free tickets while firms subscribing to the ‘Entry’ package can purchase tickets for £249.00 plus VAT per person.
Personal Firm Visit
A senior Burcher Jennings consultant will come to your firm to provide a 3-hour briefing to all partners and management, along with providing personal updates and insight into current developments in the filed of legal pricing.
NOTE: You can only order a report if you enter your firms own data.