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INSIGHTS REPORT
Profitability in Law (ANZ) Report
92% of Australian and New Zealand legal professionals believe their practice has moderate to high potential for increased profitability.
The question is what's standing between that belief and the results.
This report draws on responses from 219 ANZ legal professionals to examine the four areas most directly linked to firm performance: strategy, people, technology, and AI. It covers where the gaps are, what's driving them, and what firms across the region are doing to close them.
Register your interest and we'll send the report straight to your inbox when it's live.
believe their practice has potential for increased profitability.
use legal AI daily. The lowest rate globally.
cite manual admin as a primary cost barrier.
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"The question is not whether AI can make your firm more efficient, it is whether you are willing to let it."
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Exploring the future of profitability
Strategy
60% of ANZ respondents cite pricing pressure as their top revenue barrier. The report covers where firms are finding margin and losing it, and what AML/CTF Tranche 2 means for practices not yet prepared.
People, retention, and wellbeing
Competitive salaries are ANZ's top profitability priority, yet only 35% of firms have acted on it. The report examines where the gap is widest and what it costs in retention and capacity.
Technology and systems
Most ANZ firms use three platforms daily. Each is another login, another interface, another point where data doesn't match. The report covers what firms are prioritising and where the execution gap is costing the most.
AI and responsible integration
ANZ has the lowest AI adoption of all regions. Interest is high and the reasons for caution are legitimate. The report examines which use cases practitioners trust and what's holding adoption back.
AI is already reshaping legal practice
Across the legal sector, artificial intelligence tools are performing tasks that once consumed vast amounts of fee-earner time, delivering efficiency gains that are already being realised by firms of all sizes.
Profitability in Law (ANZ) Report
The findings span strategy, people, technology, and AI. Whether you run a sole practice or a larger firm, the data gives you a benchmark and a starting point. Complete the form to register your interest.
About the report
The profitability shift has already begun.
See how your firm should prepare by booking your obligation-free demonstration.