Law firms of all sizes are exposing themselves to a tremendous amount of risk by failing to establish social media policies and offer training, according to a newly released report. The 2014 Managing Partner Social Media Survey – Part 2 found that 41.7 percent of law firms lack a firmwide social media policy, while 53.2 percent fail to provide any social media training to staff or attorneys.

The online survey, which was co-authored by Jaffe and The Managing Partner Forum, polled more than 100 managing partners from firms of all sizes. Results provide a benchmark to gauge where law firms stand in terms of social media policies, practices, training and procedures. In addition, data was broken down by firm size to highlight discrepancies between larger and small firms. The statistics revealed that small and mid-size firms, by and large, lack the social media presence of their larger counterparts.

To download the full report, click here.