«We have seen the arrival of the world's first # 1bn law firm, Clifford Chance, and Pinsent Mason's astonishing 71 per cent increase in profits per equity partner (the all important benchmark
for law firm performance).»
Not exact matches
But he volunteered some criticism of his own
performance at his prestigious New York City
law firm, where he's worked
for the past quarter century.
With 755 horsepower the 2019 Chevrolet Corvette zr1 is the most powerful Corvette ever it's also the most technologically advanced behind me are the rolling s's at Road Atlanta and we're here to see if we can reach to the supercar levels of
performance afforded by this thing's massive power big tires and the tall wing on the back after that we'll take to the streets to see if a car this powerful can behave itself in public this is a monster of a car I've had some brief track opportunities moving this morning to get used to the pace of this machine which is phenomenal we're gonna warm up as we get out to the road Atlanta and sort of build up to the pace that this car can operate at now initially when you hop in this car you have this shrine to the engine right above you you see the line of the hood it kind of dominates the center of the view you can see over it it doesn't affect visibility but it's immediately obvious and that kind of speaks to what makes this car special it's a monster of an engine listen to that [Music] that is tremendous tremendous acceleration and incredible power but what I finding so far my brief time here at the Atlanta is that everything else in the car is rut has risen to match hurt me while I lay into it on the back straight look you know 150 mile - an - hour indicated we're going to ease up a little bit on it because I need to focus on talking rather than driving but like I was saying the attributes of the rest of the car the steering the braking capability the grip every system of this car is riding to the same level of the power and I think that's what makes it really impressive initially this is undoubtedly a mega mega fast car but it's one that doesn't terrify you with its
performance potential there's a level of electronic sophistication that is unparalleled at this price point but it's hard not to get you know totally slipped away by the power of this engine so that's why I keep coming back to it this car has an electronically controlled limited slip differential it has shocks filled with magnetically responsive fluid that can react faster to inputs and everything this car has a super sophisticated stability control system that teaches you how to drive it quick but also makes you go faster we haven't even gotten into exploring it yet because the limits of this car are so high that frankly it takes a while to grow into it but [Music] I think what's impressive about this car is despite how fast it is it is approachable you can buy this car to track dates with it and grow with it as a driver and as an owner I think that's a really special [Music] because you will never be more talented than this car is fast ever unless you are a racing driver casually grazing under 50 miles an hour on this straight okay I'm just going to enjoy driving this now [Music][Applause][Music] this particular Corvette zr1 comes with the cars track
performance package a lot of those changes happen underneath the sheet metal but one of the big differences that is immediately obvious is this giant carbon fiber wing now the way this thing is mounted is actually into the structure of the vehicle and it makes you know loading the rear hatch a bit more difficult but we're assuming that's okay if you're looking
for the track
performance this thing delivers also giving you that
performance are these Michelin Pilot Sport cup tires which are basically track oriented tires that you can drive on the street but as we wake our way to the front of the thing what really matters is what's under the hood that's right there's actually a hole in the hood of this thing and that's because this engine is so tall it's tall because it has a larger supercharger and a bunch of added cooling on it to help it you know keep at the right temperature the supercharger is way larger than the one on the zo six and it has a more cooling capacity and the downside is it's taller so it pops literally through the hood the cool thing is from the top you can actually see this shake when you're looking at it from you know a camera from the top of the vehicle this all makes
for 755 horsepower making this the most powerful Corvette ever now what's important about that is this not just the power but likewise everything in the car has to be built to accommodate and be able to drive to the level of speed this thing can develop that's why you had the massive cooling so I had the aerodynamics and that's why I had the electronic sophistication inside [Applause] we had a lot of time to take this car on the track yesterday and I've had the night to think about things Matt today two crews on the road and see how this extreme
performance machine deals with the sort of more civil minded stuff of street driving the track impressions remain this thing is unquestionably one of the most capable cars you can get from a dealer these days a lot of that's besides the point now because we're on the street we have speed limits they have the ever - present threat of
law enforcement around every corner so the question is what does this car feel like in public when you slow this car down it feels like a more powerful Corvette you don't get much tram lining from these big wheels though we as the front end doesn't want to follow grooves in the pavement it is louder it is a little
firmer but it's certainly livable on a day to day basis that's surprising
for a vehicle of this capability normally these track oriented cars are so hardcore that you wouldn't want to drive them to the racetrack but let's face it you spend more time driving to the track than you do on the track and the fact that this thing works well in both disciplines is really impressive I can also dial everything back and cruise and not feel like I'm getting punished
for driving a hardcore track machine that's a that's a really nice accomplishment that's something that you won't find in cars that are this fast and costs maybe double this much the engine in this car dominates the entire experience you can't miss the engine and the whole friend this car is sort of a shrine to it the way it pops out of the hood the way it's covered with coolers around the sides it is the experience of this car and that does make driving this thing special and also the fact that it doesn't look half bad either in fact I think it has some of the coolest looking wheels currently available on a new car this car as we mentioned this car has the track package the track package on this car gives you what they call competition bucket seats which are a little wide
for my tastes but I'm you know not the widest person in the world this automatic transmission works well I mean there's so much torque again out of this engine that it can be very smooth and almost imperceptible its clunky on occasion I think I'd might opt
for the manual although Chevy tells me about 80 % of its customers will go
for the automatic I don't think they're gonna be disappointed and that's gonna be the faster transmission drag strip on the street - and on the racetrack man it was a little bit more satisfying to my taste though we've talked about the exhaust I have it set in the track setting let's quiet it down a little bit so you can hear the difference now I've set that separately from everything else so let's put it stealth what happened to the engine sound that's pretty that's pretty amazing man stealth is really stealth and then go back to track Wow actually a really big difference that's that's pretty great the Corvette has always been a strong value proposition and nowhere is that more evident than this zr1 giving you a nearly unbeatable track
performance per dollar now the nice thing is on the road this doesn't feel like a ragged edge track machine either you could genuinely drive it every day the compromises are few and that's what makes this car so special if you like what you see keep it tuned right here and be sure to visit Edmunds.com [Music]
For further detail on the numerators and denominators used to compute the above rates, please download our report — The State of Law Firm Email Marketing: Benchmarks, Trends, and Best Practices (documenting benchmarks for key performance metrics for law firm email marketing campaigns between July 1, 2009 and June 30, 2011; while the data in the report is dated, the computational methodology and concepts are the same for the 2013 rates abov
For further detail on the numerators and denominators used to compute the above rates, please download our report — The State of
Law Firm Email Marketing: Benchmarks, Trends, and Best Practices (documenting benchmarks for key performance metrics for law firm email marketing campaigns between July 1, 2009 and June 30, 2011; while the data in the report is dated, the computational methodology and concepts are the same for the 2013 rates abov
Law Firm Email Marketing: Benchmarks, Trends, and Best Practices (documenting benchmarks for key performance metrics for law firm email marketing campaigns between July 1, 2009 and June 30, 2011; while the data in the report is dated, the computational methodology and concepts are the same for the 2013 rates abo
Firm Email Marketing: Benchmarks, Trends, and Best Practices (documenting benchmarks
for key performance metrics for law firm email marketing campaigns between July 1, 2009 and June 30, 2011; while the data in the report is dated, the computational methodology and concepts are the same for the 2013 rates abov
for key
performance metrics
for law firm email marketing campaigns between July 1, 2009 and June 30, 2011; while the data in the report is dated, the computational methodology and concepts are the same for the 2013 rates abov
for law firm email marketing campaigns between July 1, 2009 and June 30, 2011; while the data in the report is dated, the computational methodology and concepts are the same for the 2013 rates abov
law firm email marketing campaigns between July 1, 2009 and June 30, 2011; while the data in the report is dated, the computational methodology and concepts are the same for the 2013 rates abo
firm email marketing campaigns between July 1, 2009 and June 30, 2011; while the data in the report is dated, the computational methodology and concepts are the same
for the 2013 rates abov
for the 2013 rates above).
His presentation was entitled «The Futility of Chasing Silver Bullets: An Analysis of Aggregate Search
Performance for Law Firm Websites.»
LegalJob will focus on guidance
for maximizing
performance while in
law school, securing the dream (or any)
law firm job, excelling as an associate, and moving on the fast track to making partner.
In her new book, Small
Law Firm KPIs: How to Measure Your Way to Greater Profits, Mary Juetten makes the case
for why all small
firms should use key
performance indicators.
They just released a guide
for law firms at the National Conference this weekend in Vancouver, Measuring Diversity in Law Firms: A Critical Tool for Achieving High Performance, to help assist firms in developing their diversity strategi
law firms at the National Conference this weekend in Vancouver, Measuring Diversity in Law Firms: A Critical Tool for Achieving High Performance, to help assist firms in developing their diversity strate
firms at the National Conference this weekend in Vancouver, Measuring Diversity in
Law Firms: A Critical Tool for Achieving High Performance, to help assist firms in developing their diversity strategi
Law Firms: A Critical Tool for Achieving High Performance, to help assist firms in developing their diversity strate
Firms: A Critical Tool
for Achieving High
Performance, to help assist
firms in developing their diversity strate
firms in developing their diversity strategies.
DLA Piper was crowned International
Law Firm of the Year for the second year running at the Middle East Legal Awards, underscoring the firm's continued strong performance in the reg
Firm of the Year
for the second year running at the Middle East Legal Awards, underscoring the
firm's continued strong performance in the reg
firm's continued strong
performance in the region.
In December 2016, I talked with Sam Glover about key
performance indicators (KPIs)
for small
law firms.
We're pleased to announce our latest «State of
Law Firm Email Marketing» report documenting benchmarks for five key performance metrics (opens, clickthrough, conversions, bounces and unsubscribes) generated by law firm email marketing campaigns aggregating 8,168,215 emails distributed by our top law firm clients between July 1, 2009 and June 30, 20
Law Firm Email Marketing» report documenting benchmarks for five key performance metrics (opens, clickthrough, conversions, bounces and unsubscribes) generated by law firm email marketing campaigns aggregating 8,168,215 emails distributed by our top law firm clients between July 1, 2009 and June 30, 2
Firm Email Marketing» report documenting benchmarks
for five key
performance metrics (opens, clickthrough, conversions, bounces and unsubscribes) generated by
law firm email marketing campaigns aggregating 8,168,215 emails distributed by our top law firm clients between July 1, 2009 and June 30, 20
law firm email marketing campaigns aggregating 8,168,215 emails distributed by our top law firm clients between July 1, 2009 and June 30, 2
firm email marketing campaigns aggregating 8,168,215 emails distributed by our top
law firm clients between July 1, 2009 and June 30, 20
law firm clients between July 1, 2009 and June 30, 2
firm clients between July 1, 2009 and June 30, 2011.
We wanted to share the most recently computed average rates
for key
performance metrics
for law firm email marketing campaigns in 2013 (based on the approximately 4.8 million emails sent by our
law firm accounts during 2013).
Legal Marketing 102: Websites
For Small
Law Firms dispels the mystery surrounding website design, optimization and
performance.
Though many
law firms judge the success of their SEO programs based on
performance for these types of queries, they only account
for 1 % of their traffic.
For law firms, developing the right HR and recruitment strategy for analysing their staff performance and streamlining their recruitment and talent management process is vital to their succe
For law firms, developing the right HR and recruitment strategy
for analysing their staff performance and streamlining their recruitment and talent management process is vital to their succe
for analysing their staff
performance and streamlining their recruitment and talent management process is vital to their success.
It is a customizable
performance management software designed to be a channel of inner communication
for law firms.
When I've written previously about key
performance indicators (KPIs) in
law, I've emphasized the fact that — like other techniques and technologies — running a
law firm is a business; therefore, measurement is critical
for success.
They advise
law firms on increasing profitability, WIP lock up, technical
performance and have valued personal injury WIP
for sale, purchase, M&A, bank credit & restructuring and recovery in excess of # 450M.
In the final post in this series about key
performance indicators (KPIs)
for small
law firms, we again look outside the legal field to adopt net promoter score (NPS) as a client experience KPI.
While there are comparable gaps between importance and satisfaction
for fee arrangements (81 % vs 68 %) and billing practices (81 % vs 68 %), value
for money shows a much greater difference: 87 % of respondents regard value
for money to be important, just 63 % are satisfied with their
law firms»
performance.
For example, sale managers should be aware of the consequences of introducing a superstar team member, and
law firms should consider the impact of a superstar associate on the cohort's overall
performance.
International
law firm Stephenson Harwood LLP has advised long standing client BTG Plc (BTG), a specialist healthcare company, on its acquisition of PneumRx Inc (PneumRx), a growing interventional pulmonology business,
for an initial cash consideration of $ 230 million and up to $ 245 million in
performance - related future milestone payments.
Hence,
for the «good of the
firm» partners in many of the more financially and professionally successful
law firms have identified and defined standards against which partner
performance will be determined.
The remaining 95 % he based on values
for each task agreed in advance — with
performance incentives and penalties
for the
law firms.
As the result of the recent changing economic environment and increasingly competitive markets in which most
law firms practice, Managing Partners and members of Management and Compensation Committees in the more successful
law firms have identified and re-defined those objective and subjective criteria that have been especially designed to motivate partners to attract new clients, proliferate work from existing clients, perform those fee producing and non-fee producing activities that are necessary to retain existing clients and recognize those partners who have been given responsibility
for managing the
performance of clients and client work that other members of the
firm have originated.
TimeSolv gives you instant, remote access to more than 27 different reports
for law firms, covering billable hours, accounts receivable, expenses,
performance, revenue by timekeeper, and much more.
The guide was created in response to requests from
law firms looking
for ways to assess their diversity
performance.
Many
law firms still operate on that model, and attorneys still look at their billable hours as a benchmark
for performance.
It will help you better understand and monitor the
performance of your website, which will assist with marketing strategies as well as in the SEO
for your
law firm website.
As a
law firm leader, you are responsible
for improving
performance and focusing energy in order to create a client - centric culture.
We discussed the company's evolution, its newest Pon Farr release, the value of evergreen retainers in the battle
for collections, the need to focus on software
performance improvements over feature enhancements, and the future of cloud - based
law firm management.
I believe that the «social contract» between the
firm and the employees is: «A higher level of compensation may be expected in exchange
for a higher level of
performance to best meet the demands of the practice of
law.»
We need better surveys and clearer thinking
for us to understand the actual incidence of abrupt terminations of
law firms and the
performance - or capability - related causes of those firings.
He goes on to describe the reality of the way many
law firms operate: billable hour requirements (even from
firms who claim they don't use hours as a basis to measure
performance), increased financial rewards
for increased hours, partner pressure to maximize hours, short - term thinking, disincentives to share client responsibilities or information, and more.
But assessing whether those expectations have been met to the client's satisfaction also requires asking
for client feedback, whether by telephone after the matter is concluded, by sending an online survey, or otherwise seeking regular input from clients about
law firm performance.
LawFuel speculates that the traditional pay model and a priority placed on seniority over
performance is pushing these money makers to find
law firms with a more agreeable option
for them.
The logic behind the compression in
law firm partner membership
for the past five years was simple: after the financial
performance trauma of 2008, the confidence of partners in the viability of many
firms needed reinforcement.
The associate pay hike is creating pressure
for law firms that raised salaries for competitive, rather than performance, reasons, Rusanow writes in the Am Law Dai
law firms that raised salaries
for competitive, rather than
performance, reasons, Rusanow writes in the Am
Law Dai
Law Daily.
«eating» without «killing» each other: a
performance - driven lockstep model
for lawyer compensation in
law firms
Such a review would entail: (1) the gathering of feedback pertaining to TD issues from selected
law firm leaders and representatives at all levels; (2) commissioning a report on TD
performance based on the feedback collected; and (3) analyzing that feedback to identify areas of success and areas
for growth, followed by implementation of cutting - edge approaches meant to meet or exceed industry standards.
For some time we have seen pockets of discussion about how new
law firms operate differently like encouraging remote working, flexible work arrangements, focusing on coaching and mentoring versus providing feedback mostly in an historic annual
performance review.
A comprehensive
law firm TD framework includes cohesive and integrated programs covering,
for example, recruiting; lawyer training programs customized to class year and practice group; a clear, robust
performance review and associated compensation system; a philosophy and system
for the allocation of work; resources to enable lawyer career development and self - direction, including core competencies, benchmarks, individual development plans, and other self - assessment tools; mentoring and sponsorship programs; career coaching and conversations about pathways to partnership; and fully developed alumni tracking programs, including, when appropriate, the placement of
law firm attorneys with clients and the provision of professional outplacement support.
But Flaherty's conclusion that he doesn't choose between
law firms merely based on the results of his audits «unless
performance on the audit is the only item that separates two
firms vying
for a project,» is the key.
In short,
performance was better in 2014 compared to prior years, but overall demand
for law firm services is down.
It is challenging
for law firm libraries to measure the
performance of their libraries.
I think so often metrics in the
law firm library circle around things like number of reference requests, docketed / billed hours spent, and budget targets; it is good to learn about alternatives that provide more value
for measuring
performance.
The limited liability partnership (LLP) accounts
for the UK top 50
law firms, when scrutinised side by side, throw up so many potential metrics on which to compare
performance, it can be hard to know where to start.
It helps students to positively demonstrate those qualities
law firms look
for in their recruitment and
performance criteria of junior lawyers.
There are still many
law firms who would find it problematic to consider part - time lawyers
for partnership, irrespective of their age, experience and / or the quality of their
performance.
This is the second in a series of articles titled, What They Don't Teach You in
Law School About Dealing With Legal Recruiters: A Must Read
for Law Firm Associates by HIGH
PERFORMANCE COUNSEL Contributor and Columnist, David Sarnoff, Esq..