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:
Not exact matches
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]
If the latest snapshot of financial
performance across the largest US
law firms in 2015 is any indication of what we should expect to see
from UK
firms this year, then the omens are not looking great.
In our previous post, we discussed a new white paper
from FindLaw whose research shows how a
law firm's traffic
performance might not be telling the whole truth.
This strategy is rooted in hard data and proven by real
performance from the thousands of
law firms we serve.
It does so by providing factual data
from millions of litigation records about the behavior and
performance of
law firms and individual lawyers — including data points like win rates, cases with resolutions, time to injunction, etc., in specific areas of
law.
Joe Calloway is a
performance expert who has worked with organizations ranging
from American Express and Coca Cola to the national
law firm Faegre Baker Daniels and the American Bar Association Young Lawyers Division.
Early statistics
from some of the UK's largest
law firms suggest students
from disadvantaged backgrounds are up to 50 % more likely to be hired by
firms when they are able to consider their
performance in the context of their background.
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.
The guide was created in response to requests
from law firms looking for ways to assess their diversity
performance.
To ensure the punishment fits the crime,
law firms can develop a formal process to diagnose the under -
performance of lawyers and pinpoint whether the low numbers result
from behavioral or structural causes.
By leveraging anonymized, aggregated data
from over 60,000 Clio users, the Legal Trends Report provides new insights into topics including average billing rates by state, practice area, and role;
law practice - specific key
performance indicators; and how efficiency scales with
firm size.
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.
Over the past 10 years
law firm bonus payments have become much more prevalent at UK headquartered
law firms and have generally moved away
from the fixed (and modest) percentage payments to all assistants based on the
performance of the
firm as a whole.
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.
The move, led by chief information officer Haig Tyler, coincides with the 2294 - lawyer international
law firm rolling out a distributed version of Aderant Expert to bypass the
performance issues naturally arising
from the fact that its offices, particularly Australia and London, are so far
from one another.
From understanding profitability drivers across matters, clients, departments and locations, to modernising working capital procedures, managing costs and
performance - related pay, overseeing new pricing regimes and minimising risk — those joining finance in
law provide the expertise needed to deliver
firms with sustained growth.
BENEFITS: • Achievement of 17 % cost savings in their legal department spending since implementing CounselLink ® • Ability to make smarter decisions about how they assign matters to outside counsel, with the use of valuable data for tracking and analyzing the
performance of Fred Loya's
law firms • Delivery of reports that keep everyone accountable for litigation vs. settlement decisions, time management and other legal spending considerations • Outstanding, ongoing technical support and customer service from LexisNexis • Reliance on this central matter management system for the legal department provides a hub for tracking all matters throughout their lifecycle • Use of the Law Firm Registry feature has become a powerful tool for helping Fred Loya quickly establish working relationships with qualified law firms in particular venues where they have specific ne
law firms • Delivery of reports that keep everyone accountable for litigation vs. settlement decisions, time management and other legal spending considerations • Outstanding, ongoing technical support and customer service
from LexisNexis • Reliance on this central matter management system for the legal department provides a hub for tracking all matters throughout their lifecycle • Use of the
Law Firm Registry feature has become a powerful tool for helping Fred Loya quickly establish working relationships with qualified law firms in particular venues where they have specific ne
Law Firm Registry feature has become a powerful tool for helping Fred Loya quickly establish working relationships with qualified
law firms in particular venues where they have specific ne
law firms in particular venues where they have specific needs
Reporting and dashboard views make it easy to analyze invoices, evaluate
performance against budget, and see trends across your matter portfolio
from all external
law firms and vendors.
From its proprietary tax dispute and litigation software, CounterMeasure, to its other technology tools and its independently audited
performance results, Counter is committed to disrupting the world of tax
law and encouraging other lawyers to join its (sometimes starry - eyed) mission to engineer how
law firms work.
Those attending will remember that the 2017 conference ended on a high note with a call to action
from CLOC co-founder Mary O'Carroll of Google, promising that the mission going forward included a commitment to support both CLOC's members in legal departments who are exploring and driving the hard work of change, as well as the larger professional ecosphere of
law firms, legal service providers and
law schools looking for ways be more valuable to their corporate clients who are demanding improved
performance, accountability, and value
from their extended CLOC family.
As ever, the upper echelons of the PEP rankings are dominated by US
law firms, with the magic circle still trailing their Stateside rivals by some way, despite strong
performances from Allen & Overy and Clifford Chance.
Results
from the 42 top 50
law firms to have released their 2014 - 15
performance reveal that overall revenue for the group was # 16.2 bn, a modest 1.6 % increase on their 2013 - 14 collective turnover of # 15.9 bn.
Mr. Yunfeng Xing, before he joined Broad & Bright
Law Firm as Partner in 2016, and his
performance as special advisor in Slaughter and May in 2015, had served in the Foreign Investment Management Department of MOFCOM
from 1995 to 2014.
The question now is whether Angel, who retired
from law firm management in early 2008, can pull off a repeat
performance.
The company has since been acquired by a French company, Safran Technologies, which has been accused of hiding the provenance of code bought
from a Russian
firm to boost software
performance of US
law enforcement computers.