Industries › Law Firms
The questions law firms actually ask, answered against the numbers that decide them — with unedited excerpts from real analyses.
The bind specific to this industry is that 19 of 28 equity partners aged 55 or over with no formal lateral hire programme or associate-to-partner track for eight years. Almost every strategic question in law firms runs into it eventually, which is why answers borrowed from other sectors tend to point at the wrong lever first.
The numbers that carry most decisions here are 82 % realisation, 68 % utilisation, £184 k profit per equity partner, 112 lock-up days. Analysis that starts from revenue and works down rarely reaches them; analysis that starts from them usually settles the question in one pass.
This is unedited output from a completed run on Ashgrove Legal LLP — £24.8 m gross revenue from five practice groups — a sample profile used for testing rather than a customer.
The subject is Ashgrove Legal LLP, a sample company profile used for testing rather than a customer — £24.8 m gross revenue from five practice groups.
Excerpt from a real Percision run · Quick Market Scan · sample company profile
The move. Scale the only practice hitting 88 % realisation to fund its own growth and close the succession gap.
| Investment required | £240 k (remaining FY2026 discretionary cap after £180 k IT commitment) |
| Expected return | 1.4–1.6× cash-on-cash within 24 months at current realisation rates. |
| Revenue, year 1 | £25.4–25.7 m firm-wide (+£0.6–0.9 m incremental) |
| Revenue, year 2 | £26.5–27.1 m firm-wide (+£1.1–1.3 m incremental from B&F segment) |
| Revenue, year 3 | £27.8–28.6 m firm-wide (+£1.3–1.5 m incremental) |
| Exit criteria | Strategy must be reversed if, within 18 months, segment revenue has not reached £2.4 m annualised OR cumulative net profit contribution is below £150 k, OR if any lateral hire’s personal billings fall below 1 200 hours in any rolling 6-month period. |
This is one move out of a full analysis. Read a complete report — every page, no email required.
The engine runs the same structured method on any business, and what changes by industry is which numbers it asks for and which framework it routes to. For law firms that means 82 % realisation, 68 % utilisation, £184 k profit per equity partner rather than generic benchmarks. Every page in this section carries an excerpt from a completed run so you can judge the depth before spending anything.
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It states its assumptions where your data stops rather than refusing to proceed, and it marks which conclusions depend on them. That is more useful than waiting for a dataset you may never assemble.
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