Sentences with phrase «law firm performance»

How did you speak with your CEO about the business need for a disciplined approach to law firm performance management?

But what really works to accelerate law firm performance?

90 % of insurance executives identified measuring law firm performance as their most important initiative over the next 12 months.

Management information is easily captured to assess law firm performance and provide users with with data.

This technology is essential for a range of legal management strategies, including panel management and law firm performance evaluations.

Monitor law firm performance (and usually bills) as litigation progresses, looking for problems with performance and fees, as well as tactical and strategic options, including settlement.

One of the first questions to be answered is whether law firm performance indeed drops off after an early honeymoon period.

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.

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.

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.

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.

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.»

Jeannie leverages her diverse background in business development, client engagement, and brand strategy to drive law firm performance.

«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).»

10) «Clients will increasingly share law firm performance feedback with one another.

As owner of PerformLaw, his focus includes law firm performance improvement, partner and associate compensation, strategic and practice planning, financial management, new partner admittance, lateral evaluation and business development.

If Dentons is serious about ushering in change in the way law firm finances are analyzed, rather than going after AmLaw, why don't they prioritize other surveys that they think better reflect law firm performance (there are many others, not just AmLaw)?

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?

Smolik: Before we could implement an effective process to evaluate and manage law firm performance it was critical to reduce the number of relationships to a manageable level.

In part one of this series, Bill explores why Mark decided to create his own law firm performance management program and how it helped him improve his department's contribution to the corporation and share the business story of his legal department with company leadership.

This 90 - minute Altman Weil Webinar, Law Firm Performance Accelerators, will identify key tactics that can drive positive change if executed effectively.

6) Scorecard law firm performance and give your firms feedback.

Lack of visibility into the types of reporting and the metrics that corporate clients are utilizing to manage, measure, and analyze outside law firm performance

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:

Technology now enables: automated document assembly and review; an electronic marketplace so consumers can shop more readily for legal services; more effective workflow and project management; cheaper and more intelligent legal research; closed legal communities to enhance problem - solving without law firm input; free online legal guidance; online dispute resolution; and «Big Data» for more effective measurement of law firm performance.

«Streamlining by scanning and reengineering (leases at Food Lion) Main Evaluating law firm performance and giving hard - data feedback to firms (Royal Bank Canada)»

Also, the metrics that are inherent to invoicing are all about law firm performance.

As Director of the Redwood Analytics Think Tank, she partnered with a group of industry thought leaders to develop advances in analytics and best practices that improve law 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 [our emphasis added].»

Jeannie Muzinic leverages her diverse background in business development, client engagement, and brand strategy to drive law firm performance.

«In law firms performance management is not a hallmark of management.»

AmLaw and others already publish a large number of other financial stats and measures of law firm performance; profitability is just one figure among many.

By shifting an equity partner into the non-equity ranks, law firms are able to give a boost to their profit - per - equity - partner rate, a key indicator of law firm performance.

This type of program can be invaluable when making decisions during panel consolidation, yet law firm performance management - measuring success against a defined set of criteria - is formalized by only 64 % of participants.

The list goes on, but the idea is to confirm the accurate perceptions of lawyer and law firm performance and to correct the wrong ones.

The general counsel will naturally start to pass along or translate the things that drive his or her performance to the way he or she evaluates law firm performance, and so law firms will increasingly be measured on outcomes.

According to the Citi Private Bank Law Watch Annual Review of Law Firm Performance, «managing our practices better» was one of the primary areas identified by managing partners as essential to success in the tough economic climate for law firms.

Gain insights about judicial decision - making, law firm performance, strategy outcomes, historic litigation behavior, and more.

In part one of this series, Bill explored the reasoning behind Mark creating his law firm performance management program and how it helped enhance the value his department delivered to the company.

Once I started sharing with my law firms their performance data, they became hungry for more.

There is also focus on the seminal work of professional services theorist David Maister and the subject of Profits Per Partner which has strongly held sway as a measure of success of law firm performance.

For eight years, we've been collecting in - house clients» informed, professional assessments of law firm performance.

Stay engaged with continuous upgrades, generate reports to evaluate law firm performance, and remain connected with remote access and mobile synchronization — AbacusLaw is designed to keep you performing at full speed.