Released during August 2018, the Economic Development, Science and Innovation Committee released its eagerly awaited Report on the Financial Services Legislation Amendment Bill (FSLAB). The Select Committee’s report is lengthy, with a range of amendments recommended. Whilst the changes do not amount to a complete re-write of the FSLAB, there are several key areas industryContinue reading
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Together with professional services firm Crowe Horwath, the Australasian Legal Practice Management Association is running its second annual New Zealand Legal Industry Financial Performance Benchmarking Study. The inaugural study provided law firms across the country with valuable insights into their performance as measured against peers, with this year’s study set to deliver further understanding ofContinue reading
The results are in for the 2015 Financial Performance Benchmarking Study of New Zealand Law Firms. This survey was conducted by Crowe Horwath and the Australasian Legal Practise Management Association (ALPMA). Main findings The growth outlook expected amongst respondents averaged 5%. New Zealand law firms remain profitable with operating profit margins in excess of 30%Continue reading