2017 Report of the Economic Survey

Liability insurance cost per attorney in 2016 by insurance underwriter (Q39)

Number of Firms Reporting

Mean (Average)

9

$5,750 $4,772 $3,979 $4,761 $6,890 $4,621 $5,445

ALAS CNA Insurance Companies Columbia Casualty Jamieson (New Jersey) Lloyd's of London Minnesota Mutual Lawyers Insurance Co. Other insurer

22 20 20 14

8

25

Amount spent on outside providers of attorney training and external attorney training programs as a percentage of gross revenue in 2016 (Q40)

How much did the firm spend on outside providers of attorney training and external attorney training programs as a percentage of gross revenue in 2016?

Number of Firms Reporting

First Quartile 25%

Third Quartile 75%

Mean (Average)

Median (Midpoint)

85

2.1% 2.4% 1.2% 1.8% 5.8% 1.5% 1.3% 2.1% 1.9% 2.1% 1.2% 1.2% 1.0% 1.4% 2.0% .9% .7%

.2%

1.0% 2.0% 1.0% 1.0% 1.5% 1.0%

2.0% 4.0% 2.0% 2.0% 8.0% 2.0% 1.0% 1.3% 2.0% 2.0% 2.0% 1.3% 1.0% 2.0% 1.0% 3.0% 4.3% 1.3%

All Firms

5 9

1.0% 1.0%

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

13 12 20 16 10 53 20 69 14

.2% .5% .3% .2% .1% .4% .1% .3% .2% .2% .3% .1% .2% .3% .2% .0% .5% .4% ISD .1%

Number of Attorneys

.8% .2%

1.0%

One Multiple

Number of Major Office Locations Percent of Practice That is IP

.8%

1.0%

75% or More Less than 75%

.8% .8%

4 7

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

1.0%

12

.8% .5%

5 4 6 4 4 3 8 7

1.5%

.7% .4%

.6% .4%

Location

.9%

17

1.3%

1.0% 1.0%

2.0% 1.0%

.8%

3.5% 1.8%

.2%

ISD

1.5% 3.0%

3.0%

10.0%

2.0%

15.0%

AIPLA Report of the Economic Survey 2017 F-31