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Cost of Time 2014: survey now open

19 May 14

Invitation to take part in the survey, which brings benefits to firms and to the profession as a whole

The Society’s Cost of Time survey for 2014 is now open. Each year, the Society commissions this financial benchmarking survey on the cost of running a solicitor’s practice and publishes the results.

The survey is a good annual indicator of the general health of the profession. It is also an exercise which helps solicitors set realistic fees and measure their own performance. Additionally, the report is valued by the Lord President’s Advisory Committee in relation to the tables of solicitors’ fees in the courts.

Both the 2014 survey, and the results of the 2013 survey, can be found on the Society’s website at www.lawscot.org.uk/costoftime. Firms are asked to respond by 31 August 

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