{"id":11433,"date":"2024-05-23T09:13:55","date_gmt":"2024-05-23T08:13:55","guid":{"rendered":"https:\/\/www.clio.com\/uk\/?post_type=guide&#038;p=11433"},"modified":"2024-09-24T11:32:16","modified_gmt":"2024-09-24T10:32:16","slug":"2024-solo-small-firm-report","status":"publish","type":"guide","link":"https:\/\/marketing.dev.clio.systems\/uk\/guides\/2024-solo-small-firm-report\/","title":{"rendered":"2024 Legal Trends for Solo and Small Law Firms"},"content":{"rendered":"<h2>In the report<\/h2>\n<div class=\"grid\">\n<div class=\"col-2_sm-3\">\n\t\n\t\t\t\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\n\t\t\t\t\t\n\n<div\n\tclass=\"o-image l-image alignnone wp-image-11410 \"\n\t\tstyle=\"max-width: 21.5625rem;  width: 109px;\"\n\t\t>\n\t<div\n\t\tclass=\"o-image__wrap l-image__wrap js-lazy-image-wrapper\"\n\t\t\t\t\tstyle=\"padding-top:100%;\"\n\t\t\t>\n\t\t\t\t\t<noscript>\n\t\t\t\t<img\n\t\t\t\t\ttitle=\"NA_Solo LTR-2024-IndustryBenchmark\"\n\t\t\t\t\talt=\"New&#x20;Metric&#x20;Icon\"\n\t\t\t\t\tsrc=\"https:\/\/marketing.dev.clio.systems\/uk\/wp-content\/uploads\/sites\/3\/2024\/05\/NA_Solo-LTR-2024-IndustryBenchmark.png\"\n\t\t\t\t\twidth=\"345\"\n\t\t\t\t\theight=\"345\"\n\t\t\t\t\/>\n\t\t\t<\/noscript>\n\t\t\t\t<picture>\n\t\t\t\t\t\t<img\n\t\t\t\ttitle=\"NA_Solo LTR-2024-IndustryBenchmark\"\n\t\t\t\talt=\"New&#x20;Metric&#x20;Icon\"\n\t\t\t\twidth=\"345\"\n\t\t\t\theight=\"345\"\n\n\t\t\t\t\t\t\t\t\tloading=\"lazy\"\n\t\t\t\t\tdata-src=\"https:\/\/marketing.dev.clio.systems\/uk\/wp-content\/uploads\/sites\/3\/2024\/05\/NA_Solo-LTR-2024-IndustryBenchmark.png\"\n\t\t\t\t\tsrc=\"data:image\/gif;base64,R0lGODlhAQABAIAAAP\/\/\/wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==\"\n\t\t\t\t\tclass=\"is-lazy js-lazy-image\"\n\t\t\t\t\n\t\t\t\t\t\t\t\/>\n\t\t<\/picture>\n\t<\/div>\n\t<\/div>\n\n\t\t\t\n<\/div>\n<div class=\"col-10_sm-9\">\n<h3>Industry benchmark data<\/h3>\n<p>See how your firm stacks up against the competition in billables, collections, and hourly rates.<\/p>\n<\/div>\n<\/div>\n<div class=\"grid\">\n<div class=\"col-2_sm-3\">\n\t\n\t\t\t\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\n\t\t\t\t\t\n\n<div\n\tclass=\"o-image l-image alignnone wp-image-11411 \"\n\t\tstyle=\"max-width: 21.5625rem;  width: 109px;\"\n\t\t>\n\t<div\n\t\tclass=\"o-image__wrap l-image__wrap js-lazy-image-wrapper\"\n\t\t\t\t\tstyle=\"padding-top:100%;\"\n\t\t\t>\n\t\t\t\t\t<noscript>\n\t\t\t\t<img\n\t\t\t\t\ttitle=\"NA_Solo LTR-2024-NewMetric\"\n\t\t\t\t\talt=\"New&#x20;Metric&#x20;Icon\"\n\t\t\t\t\tsrc=\"https:\/\/marketing.dev.clio.systems\/uk\/wp-content\/uploads\/sites\/3\/2024\/05\/NA_Solo-LTR-2024-NewMetric.png\"\n\t\t\t\t\twidth=\"345\"\n\t\t\t\t\theight=\"345\"\n\t\t\t\t\/>\n\t\t\t<\/noscript>\n\t\t\t\t<picture>\n\t\t\t\t\t\t<img\n\t\t\t\ttitle=\"NA_Solo LTR-2024-NewMetric\"\n\t\t\t\talt=\"New&#x20;Metric&#x20;Icon\"\n\t\t\t\twidth=\"345\"\n\t\t\t\theight=\"345\"\n\n\t\t\t\t\t\t\t\t\tloading=\"lazy\"\n\t\t\t\t\tdata-src=\"https:\/\/marketing.dev.clio.systems\/uk\/wp-content\/uploads\/sites\/3\/2024\/05\/NA_Solo-LTR-2024-NewMetric.png\"\n\t\t\t\t\tsrc=\"data:image\/gif;base64,R0lGODlhAQABAIAAAP\/\/\/wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==\"\n\t\t\t\t\tclass=\"is-lazy js-lazy-image\"\n\t\t\t\t\n\t\t\t\t\t\t\t\/>\n\t\t<\/picture>\n\t<\/div>\n\t<\/div>\n\n\t\t\t\n<\/div>\n<div class=\"col-10_sm-9\">\n<h3>Understanding lockup<\/h3>\n<p>Shorten the time between work performed and payment received by leveraging our \u201clockup\u201d metric.<\/p>\n<\/div>\n<\/div>\n<div class=\"grid\">\n<div class=\"col-2_sm-3\">\n\t\n\t\t\t\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\n\t\t\t\t\t\n\n<div\n\tclass=\"o-image l-image alignnone wp-image-11412 \"\n\t\tstyle=\"max-width: 21.5625rem;  width: 109px;\"\n\t\t>\n\t<div\n\t\tclass=\"o-image__wrap l-image__wrap js-lazy-image-wrapper\"\n\t\t\t\t\tstyle=\"padding-top:100%;\"\n\t\t\t>\n\t\t\t\t\t<noscript>\n\t\t\t\t<img\n\t\t\t\t\ttitle=\"NA_Solo LTR-2024-PaidFaster\"\n\t\t\t\t\talt=\"Paid&#x20;Faster&#x20;icon\"\n\t\t\t\t\tsrc=\"https:\/\/marketing.dev.clio.systems\/uk\/wp-content\/uploads\/sites\/3\/2024\/05\/NA_Solo-LTR-2024-PaidFaster.png\"\n\t\t\t\t\twidth=\"345\"\n\t\t\t\t\theight=\"345\"\n\t\t\t\t\/>\n\t\t\t<\/noscript>\n\t\t\t\t<picture>\n\t\t\t\t\t\t<img\n\t\t\t\ttitle=\"NA_Solo LTR-2024-PaidFaster\"\n\t\t\t\talt=\"Paid&#x20;Faster&#x20;icon\"\n\t\t\t\twidth=\"345\"\n\t\t\t\theight=\"345\"\n\n\t\t\t\t\t\t\t\t\tloading=\"lazy\"\n\t\t\t\t\tdata-src=\"https:\/\/marketing.dev.clio.systems\/uk\/wp-content\/uploads\/sites\/3\/2024\/05\/NA_Solo-LTR-2024-PaidFaster.png\"\n\t\t\t\t\tsrc=\"data:image\/gif;base64,R0lGODlhAQABAIAAAP\/\/\/wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==\"\n\t\t\t\t\tclass=\"is-lazy js-lazy-image\"\n\t\t\t\t\n\t\t\t\t\t\t\t\/>\n\t\t<\/picture>\n\t<\/div>\n\t<\/div>\n\n\t\t\t\n<\/div>\n<div class=\"col-10_sm-9\">\n<h3>Getting paid faster<\/h3>\n<p>Understand how client preferences and key technologies impact how quickly solo and small firms bill and receive payment.<\/p>\n<\/div>\n<\/div>\n<div class=\"grid\">\n<div class=\"col-2_sm-3\">\n\t\n\t\t\t\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\n\t\t\t\t\t\t\n\t\t\n\t\t\t\t\t\t\t\n\t\t\n\t\t\t\t\n\t\t\t\t\t\n\n<div\n\tclass=\"o-image l-image alignnone wp-image-11413 \"\n\t\tstyle=\"max-width: 21.5625rem;  width: 109px;\"\n\t\t>\n\t<div\n\t\tclass=\"o-image__wrap l-image__wrap js-lazy-image-wrapper\"\n\t\t\t\t\tstyle=\"padding-top:100%;\"\n\t\t\t>\n\t\t\t\t\t<noscript>\n\t\t\t\t<img\n\t\t\t\t\ttitle=\"NA_Solo LTR-2024-AIinLegal\"\n\t\t\t\t\talt=\"\"\n\t\t\t\t\tsrc=\"https:\/\/marketing.dev.clio.systems\/uk\/wp-content\/uploads\/sites\/3\/2024\/05\/NA_Solo-LTR-2024-AIinLegal.png\"\n\t\t\t\t\twidth=\"345\"\n\t\t\t\t\theight=\"345\"\n\t\t\t\t\/>\n\t\t\t<\/noscript>\n\t\t\t\t<picture>\n\t\t\t\t\t\t<img\n\t\t\t\ttitle=\"NA_Solo LTR-2024-AIinLegal\"\n\t\t\t\talt=\"\"\n\t\t\t\twidth=\"345\"\n\t\t\t\theight=\"345\"\n\n\t\t\t\t\t\t\t\t\tloading=\"lazy\"\n\t\t\t\t\tdata-src=\"https:\/\/marketing.dev.clio.systems\/uk\/wp-content\/uploads\/sites\/3\/2024\/05\/NA_Solo-LTR-2024-AIinLegal.png\"\n\t\t\t\t\tsrc=\"data:image\/gif;base64,R0lGODlhAQABAIAAAP\/\/\/wAAACH5BAEAAAAALAAAAAABAAEAAAICRAEAOw==\"\n\t\t\t\t\tclass=\"is-lazy js-lazy-image\"\n\t\t\t\t\n\t\t\t\t\t\t\t\/>\n\t\t<\/picture>\n\t<\/div>\n\t<\/div>\n\n\t\t\t\n<\/div>\n<div class=\"col-10_sm-9\">\n<h3>The rise of AI<\/h3>\n<p>Explore the transformative potential of artificial intelligence in the legal profession alongside insights into how lawyers in solo and small firms (and their clients) perceive these tools.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>This report for solo and small law firms examines key trends, introduces new KPIs &amp; explores attitudes towards artificial intelligence (AI).<\/p>\n","protected":false},"author":178,"featured_media":11409,"template":"","meta":{"_acf_changed":false},"class_list":["post-11433","guide","type-guide","status-publish","has-post-thumbnail","hentry","resource_category-guides","content_category-artificial-intelligence","content_category-client-experience","content_category-firm-performance"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v24.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2024 Legal Trends for Solo and Small Law Firms Report | Clio UK<\/title>\n<meta name=\"description\" content=\"This report for solo and small law firms examines key trends, introduces new KPIs &amp; explores attitudes towards artificial intelligence (AI).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/marketing.dev.clio.systems\/uk\/guides\/2024-solo-small-firm-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2024 Legal Trends for Solo and Small Law Firms\" \/>\n<meta property=\"og:description\" content=\"This report for solo and small law firms examines key trends, introduces new KPIs &amp; explores attitudes towards artificial intelligence (AI).\" \/>\n<meta property=\"og:url\" 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