2017 Report of the Economic Survey

Marketing budget as a percentage of gross revenue in 2016 (Q43)

What was your marketing budget as a percentage of gross revenue in 2016?

Number of Firms Reporting

First Quartile 25%

Third Quartile 75%

Mean (Average)

Median (Midpoint)

114

3.8% 6.7% 2.3% 5.2% 5.8% 2.9% 3.0% 2.8% 3.8% 2.9% 3.6% 3.6% 1.6% 3.4% 4.9% 3.5% 4.8% 6.1% 6.8% 1.7% 2.3% 3.1% 2.0% 7.6% 1.5%

1.0% 1.0% 1.0% 1.0%

2.0% 3.0% 1.0% 3.0% 2.0% 2.0% 2.1% 2.0% 2.0% 2.3% 2.0% 2.4% 1.6% 2.5% 2.7% 2.0% 2.0% 4.0% 4.5% 1.0% 2.3% 2.0% 1.7% 1.9% 1.0% 6.3%

5.0% 8.0% 4.0% 6.0% 6.3% 4.0% 3.1% 3.0% 5.0% 3.0% 5.0% 3.8% 2.0% 6.0%

All Firms

7 9

One Two 3-5 6-10 11-30 31-100 101 or More

15 15 35 17 16 76 27 90 20

Number of Attorneys

.8%

1.0%

.8%

1.9% 1.0% 1.9% 1.0% 2.0% 1.1%

One Multiple

Number of Major Office Locations Percent of Practice That is IP

75% or More Less than 75%

4 8 3 4 7 4 5 8 8 3 9 6

Boston CMSA NYC CMSA Philadelphia CMSA Washington, DC CMSA Other East Metro Southeast Other Southeast Chicago CMSA Minne.-St. Paul PMSA Other Central Texas San Francisco CMSA Other West Non-US

.9% ISD

ISD

18

1.0%

5.5%

.5%

11.8%

1.4% 3.0%

5.0%

12.8%

Location

.6%

3.1% 3.3% 3.0% 2.3%

1.0% 1.0% 1.1%

25

ISD

ISD

1.0% 5.0%

2.3%

10.4%

15.0%

Allocation of firm's annual marketing budget by size of firm (Q44)

Event

Salaries of

Website

Advertising

Social media

Travel

Other

Number of Firms Reporting

Mean (Average)

Mean (Average)

Mean (Average)

Mean (Average)

Mean (Average)

Mean (Average)

Mean (Average)

Number of Attorneys in Firm

All Firms

109

15.7% 50.7% 29.1% 14.5% 13.6% 13.5%

18.3%

8.9%

3.1% 8.6% 1.7% 4.1% 4.2% 2.7% 1.3% 1.5%

27.5% 27.9% 26.1% 33.8% 41.4% 23.9% 28.8%

12.3% 12.1% 15.0% 22.4% 20.9%

14.3%

One Two 3-5 6-10 11-30 31-100 101 or More

7 9

.0%

.0% .0% .0%

.7%

25.9% 14.3%

2.2%

16 16 34 15 12

10.9% 11.8% 15.0% 20.2% 30.1%

Number of Attorneys

5.6%

2.5% 8.3%

28.0% 17.4% 19.4%

8.6% 4.8% 4.8%

8.5% 4.4%

19.0% 30.0%

9.7%

AIPLA Report of the Economic Survey 2017 F-34

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