How did you speak with your CEO about the business need for a disciplined approach to
law firm performance management?
Leaders must encourage collaboration, since this produces team effectiveness, assures
improved firm performance and generates the best ideas and options for managing the firm.
Track client, lawyer and
firm performance with an extensive selection of productivity, profitability and financial reports.
90 % of insurance executives identified measuring law
firm performance as their most important initiative over the next 12 months.
One of the first questions to be answered is whether law
firm performance indeed drops off after an early honeymoon period.
Management information is easily captured to assess
law firm performance and provide users with with data.
SOUTHFIELD, Mich. — Brooks Kushman has been ranked second among the Top 20 Firms in Tech Centers 3600 and 3700 in the United States based on an objective measurement of
firm performance in front of the U.S. Patent and Trademark Office by Juristat.
Smolik: Within my first 100 days as general counsel, I had discussions about the need for improved law
firm performance management with my CEO during our one - on - ones.
Firms must take steps not only to put in place specific methods to obtain feedback from clients
about firm performance and client needs, but those methods should be systematized to take place automatically at strategic times during the relationship.
Although we can't say exactly what might drive these allocation frictions, empirically they are important and suggest that the fit between company and CEOs» behavioral traits really matters
for firm performance.
Billable hours should be evaluated in the context of utilization rate to compare employees, clients and
overall firm performance.
We think this is a good indicator that proactive change in other areas could be equally effective in accelerating law
firm performance relative to competitors.»
This shows that executives have done far better than the firms they have led and executive pay can not be simply attributed to
better firm performance.»
Firms that acquire and use their knowledge are able to create new solutions by exploiting their existing knowledge and exploring new knowledge to address customer needs that
influences firm performance [57][142].
Studies show that CEOs who overestimate their abilities tend to overpay for acquisitions, take undue risks, introduce more unsuccessful new products, and have more
volatile firm performance.
To shed some light on this topic, my friends (disclosure: I was a Visiting Scholar at the Clarkson Centre during the 2011 - 2012 academic year) at the Clarkson Centre for Business Ethics and Board Effectiveness have just released their new
Family Firm Performance Study.
As for the use of the ESOP to finance the takeover, it puts a gun to the heads of employees, who can only vaguely
affect firm performance.
Early reports on
AMLaw firm performance suggests that at least most (though not all) of the larger firms are doing very well, and growth in the industry seems to be concentrated mostly at the top.
More inhouse teams at large corporates are certainly collecting data on
panel firm performance and Premonition's findings would presumably be of great help there.
Premonition makes its living by objectively analyzing lawyer and law
firm performance using available court data and their powerful search algorithms.
Are clients increasingly using non-industry analytics experts to assemble law
firm performance dashboards, metrics and performance grids?
Many firms have found growth by embracing the changing client market and deploying business intelligence analytics to better
understand firm performance at every level, creatively identify new pricing models, make smarter decisions about growth, and pursue the right initiatives to drive revenue growth and profitability.
Vault's associate satisfaction surveys sit in the same space as the American Lawyer A-List, which factors in diversity and pro bono work and goes beyond traditional measures of law
firm performance such as revenue and partner profits.
If it's like most firms, the main criteria are business generated and hours billed — important features, obviously, but also very much based on individual effort,
not firm performance or client deliverables.
Law Firm Scorecarding This service enables the client to evaluate law
firm performance holistically against its specific goals and objectives and gain insights to improve operational efficiency and effectiveness.
This 90 - minute Altman Weil Webinar, Law
Firm Performance Accelerators, will identify key tactics that can drive positive change if executed effectively.
LegalVIEW peer - based profiles compare outside
counsel firm performance to industry - specific benchmarks to improve counsel and panel selection decisions
He noted that the data was broken down in many other ways including statistics on «win rates» for partners versus associates, attorney /
firm performance before a particular judge, average length of a lawyer's cases (his metric for efficiency), comparing win rates to billing rates, etc..
Drawing on original and academic research from the past 8 years, and featuring contributions from law
firm performance experts including Edwin Reeser, Angus Lyon, and Patrick McKenna, author Nick Jarrett - Kerr's highly anticipated Tackling Partner Underperformance 2nd Edition covers topics including:
SOUTHFIELD, Mich. — Brooks Kushman has been ranked among the Top 100 Patent Firms in the United States based on an objective measurement of
firm performance in front of the U.S. Patent and Trademark Office by Juristat.
SOUTHFIELD, Mich. — Brooks Kushman has been ranked among the Top 100 Patent Firms in the United States based on an objective measurement
of firm performance in front of the U.S. Patent and Trademark Office by Juristat, a data visualization and patent analytics company.
There simply is no unambiguous evidence that splitting the CEO and Chairman positions between two persons has a statistically significant positive impact
on firm performance.
No hard and
firm performance data — beyond such lappery — has yet been announced, but Ferrari's engineers are happy enough to leak a 199mph top speed and 0 - 62mph in «less than 3.6 sec».
Phrases with «firm performance»