Growing an evidence-based business

Self-employed respondents frequently used professional advisers, yet only 10 per cent used a mortgage broker in the past year.

The top 3 investment priorities for law firms globally are compensation, professional development, and technology.

Legal practices are showing measured trust in AI tools, with AU/NZ firms placing a stronger emphasis on verification than other regions.

Despite more Australians discarding their homeownership plans in Q2, the younger cohort and those living in certain states remain steadfast to their purchasing plans.

Property investors have the financial backing to grow their wealth and further invest in property.

Property investors are ready to expand their portfolio, but traditional banks are hindering their plans.

1 in 4 AU/NZ legal firms lack documentation or means of knowledge retention on their processes and operations.

There is a high likelihood of AI adoption in tasks such as report generation, identifying advisory opportunities, and handling client queries within a few years’ time.

Accounting firms cite accuracy, data privacy, and lack of training as top concerns when adopting AI technology.

The share of households prioritising day-to-day expenses is now at its highest.

70% of legal firms say using AI has saved a moderate to significant amount of time in legal work.

Staff turnover is a problem for 80% of legal firms worldwide, with 10% seeing burnout as a driving factor for this issue.