Win New Business

IBISWorld also provides a resource for attorneys to quickly get up to speed on an industry and secure new business by becoming a trusted advisor. IBISWorld works with business development departments in law firms in two ways: tactically, when pitches are being developed, and strategically when you are looking to ascertain which industries to target.

Build Value

In-house counsel and senior management want to know that their outside legal professional understands the industry they are in, and can communicate this information effectively. IBISWorld covers thousands of industries, and our iExpert reports, which are five page summaries of the longer 40 page reports, include a SWOT analysis and questions. These are currently being used to help prepare attorneys for meetings and pitches.

Client-Focused Research

A quantifiable and comparative understanding of risk will help your firm mitigate enterprise risks before an engagement is accepted. This is because IBISWorld scores the non-financial risks of doing business in an industry. Proactive users can monitor threats to a firm’s client list, as well as identify stable opportunities for new business.

Be Proactive

Industry changes provide opportunities for new business. So you need to gain a competitive edge by providing partners with industry research that strengthens presentations and proposals. IBISWorld can help partners and marketing departments identify potential clients – for example, firms in industries that are growing or declining quickly; facing company consolidation; or experiencing changing regulations, globalisation, taxation or technology. Our searchable database and consistent style facilitate comparisons across over 1,300 industries.

Additional Products

Complement our Industry Reports with our collection of Company Research on Australia’s Top 2000 companies. Additionally, IBISWorld’s Risk Rating Reports provide a single, comparable risk score for every industry for the coming 12-month period. We also have a growing international collection, producing Global, Canada, UK, China and US Industry Reports and research on 300 economic, demographic and consumer variables that affect businesses. For your convenience, all reports are structured in the same user-friendly format as our Australian reports.

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More Info

Download our PDF which outlines why IBISWorld is a great tool for Legal firms. With hundreds of Australian and international firms as clients, we hope you’ll join our community too.

Media Centre

With new articles being released every week, and a very large archive of previous works, our Media Centre is full of thought provoking and current newsworthy content.