Benchmarking with a stronger motion across Australia

 

In such a competitive environment, where firms compete to retain and attract top talent, it’s imperative to stay ahead of how other firms benchmark their lawyers’ salary and benefits.

 

 

Legal Remuneration Survey

 

 

 

About the Australian Legal Benchmarking Survey 


 

With over 50 participating firms across Australia, Mercer’s Australian National Legal Remuneration Survey is the definitive source of benchmarking data for the industry. 

It is one of the largest collections of legal remuneration data across the nation. With participants ranging from top tier firms to smaller boutique firms, the survey provides empirical data to cater for all types of peer group comparisons. 


The report includes:

  • Dashboard-style report showing you how you perform versus the sector
  • Total employment cost (base salary, superannuation) 
  • Performance (on-target bonus, performance bonus) 
  • Target billable hours
  • Retention bonus
  • Benefits and common HR policies within the industry.
     

New for 2021

  • Topical issues generated via pulse surveys throughout the year.
     
Legal Remuneration Survey

How can Mercer help? 


 

Through our experience in working with leading local and global organisations, we know that well-designed remuneration plans are more than a set of market-led formulas. It is knowing what other firms are doing and being able to bring that external lens to help design your remuneration frameworks. By joining our survey, you are joining the most comprehensive network of law firms’ remuneration data across the country. You are equipping yourself with the knowledge to confidently back up your remuneration decisions, as well as having a dedicated account manager for you to contact.

 

 

 

 

Looking for more information?
 

Learn more about Mercer's Legal Remuneration Survey (LRS) and how you can participate with Mercer's salary benchmarking surveys.

 

  • Product overview

    Introduction

    Product overview

    Product Overview

     

    The Australia National Legal Remuneration Survey oversees industry people-trends, so you can stay ahead of movements in the market. Covering over 250 reportable roles, including legal and support positions, the survey gives you the flexibility to benchmark against market standards across years of experience, locations and specialisations.  
     

    • Base salary
    • Superannuation
    • Total employment cost
    • Total package
    • On-target bonus
    • Performance bonus
    • Retention bonus
    • Sign-on bonus
    • Target billable hours.

     

  • Product details

    About

    Product details

    Product Details


    Mercer's Australian National Legal Remuneration Survey includes a vast range of features:

     

    Survey Statistics
     

    • Number of organisations: 51
    • Number of observations: 23,002


     

    Data collected

    • Administration, Facilities and Secretarial
    • Asset/Investment Management
    • Communications and Corporate Affairs
    • Capital Markets/Investment Banking
    • Creative and Design
    • Customer Service and Contact Centre Operations
    • Data Analytics/Warehousing and Business Intelligence

     

    • Finance
    • General Management
    • Healthcare/Pharmacy Services
    • Hospitality (Food Service and Lodging)
    • Human Resources
    • IT, Telecom and Internet
    • Legal, Compliance and Audit

     

    • Media
    • Project/Program Management
    • Quality Management
    • Real Estate Management, Property and Investment
    • Supply Chain
    • Sales, Marketing and Product Management.
  • Survey schedule

    Schedule

    Survey schedule

    Survey schedule

     

    • Questionnaire distributed: January/July 
    • Report available: March/October
    • Post-survey trends analysis event (exclusive to survey participants only): April/November

Purchase survey
 

By purchasing Mercer's Legal Remuneration Survey and opting to become a participant, not only do you become part of the local and global research community, you also reduce the cost in accessing the survey for your organisation.

Legal Remuneration Survey (LRS)

Participant *

AUD $9,090 Ex GST

Additional Mercer WIN log ins available *

AUD $725.00 Ex GST (Annual license fee)


* By subscribing to this review, you will be required to participate and contribute data to this survey on an annual basis.. Additional subscription benefits are also included as part of this package.

 

 

 

Looking for a tailored solution that's right for you?

Learn more about our 'Custom Analysis and Secondment Services' that's right for your organisation.
 


 

 


 

Mercer WIN

Participate online and survey access right at your fingertips

Join other leading organisations across all types of industries by purchasing and participating in our surveys.  By participating you join our community in developing comprehensive market data on compensation and benefits both locally and globally as well as receiving a range of benefits depending on the review you purchase.  Survey access is through the Mercer WIN® platform.
 


 

Speak with a Mercer Consultant

For more information about our Legal Remuneration Survey (LRS) or other surveys, complete the form below and a Mercer Consultant will be in contact with you.

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