There's a rule of thumb that the partners take 1/3 of the profits for themselves and this broadly looks to be the case looking at the UK Top 200 in 2025 Partners retained 33% of profits across the Top 200 (weighted average), or an unweighted median of 32% Remarkably similar to our 2022 analysis in The Legal MBA Essentials, which also showed profit before partner remuneration of... ...32% The chart below shows the distribution across the Top 200 for 2025 (minus a couple of out

After a brief hiatus from March - October 2025, the ONS SPPI is back with a corrected methodology. Let's look at what it shows for UK legal price inflation, and then cover off what's practically changed with the revised methodology. Legal Services Prices increased by 5.6% in 2025 First up, we can see that UK legal prices increased by 5.6% across 2025, down from its 2023 peak of 7.5% and close to the Post-Covid Average (2021 - 2025) of 5.8% Source: The Legal MBA Analysis of ON

"Firms have the systems, the dashboards, the professional resources, and the reporting structures to understand profitability. Yet profitability continues to leak in everyday decisions made by partners, team leads, and matter owners" This, on page 18 of BigHand 's 2026 Annual Law Firm Finance Report, is why I do what I do with The Legal MBA Over the years, it has become increasingly clear to me that there is a fundamental disconnect between the tools, the policies and the