Westpac Groups latest Business Snapshot provides a timely pulse on Australian businesses and economic trends impacting SME and Commercial customers.

The study has confirmed that most legal firms have successfully navigated a shifting economic landscape and are well-placed to sustain their success and invest in future growth. The steps taken now can help to ensure firms remain competitive as economic conditions soften, creating key differentiators that will underpin success in the coming years. In the report, they’ve explored business performance, people and culture, operations, and uptake of technology, and what it takes to outperform industry peers.

The snapshot draws on the Group’s proprietary transactional and balance sheet data, unlocking what is considered to be one of the richest data sources on Australian businesses nationwide.