Mattern & Associates Announces Official Release of 2014 Cost Recovery Survey Results

Global News

11
Sep
2014

Editor

Legal support services consulting firm Mattern & Associates, LLC today announced that it is officially releasing the results of its 2014 Cost Recovery Survey to survey participants, and broadcasting a webinar reviewing aggregate results on September 24th. First conducted in 2004 and featured in the Wall Street Journal, the 2014 Cost Recovery Survey marks a decade of expert data, and continues to be an industry-leading source for law firms to compare their firm’s performance to their peers in the recovery of costs.

Over the past ten years, Mattern & Associates’ Cost Recovery Survey has drawn broad participation from the nation’s most distinguished firms.  Participating firms broadly view the results as an invaluable and a concrete, decision-making tool, terming it, "The most comprehensive snapshot of cost recovery trends and practices available in the legal field."

The 2014 Survey explored traditional, modern, and emerging cost recovery areas; some of the 2014 Survey’s significant results reveal that: 

• Copy/fax model continues to die
• Print/scan cost recovery remains solid and will continue to be the biggest facet of recovery
• The death of legal research recovery is premature, but it is on the ropes
• Hard costs continue to be the leader
• Electronic data storage sees a substantial increase

Rob Mattern, President of Mattern & Associates, remarks, “Mattern & Associates has been proud to lead the industry in its strategic approach to back office operations and law firm cost recovery practice analysis.  We take incredible diligence and care in the approach to the Survey—and are pleased with the recognition it receives from participants who rely on it as a key decision-making tool. ” 

Firms which participated in the 2014 Cost Recovery Survey are in the process of receiving their comprehensive, customized reports, benchmarking their firms’ performance in cost recovery practices to peer firms.  Non-participating firms are cordially invited to join Mattern & Associates for a webinar on Wednesday, September 24th at noon EST. 

The 2014 Cost Recovery Survey Webinar will highlight and provide a live platform for discussing the aggregate results, in addition to the trends revealed over the past ten years Mattern & Associates has conducted the Survey.