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“It’s The Firms’ Fault”: GCs, You Can No Longer Rely on This Excuse For The Lack of Diversity In Your Outside Counsel

2017-03-01T22:34:08+00:00

Law firms remain painfully not diverse at the most senior levels, as we have discussed in a prior post. Despite decades of bar association statements, this pitiful state of affairs remains.  No one - whether in-house or outside counsel - has taken ownership to drive change, and consequently law has remained the the least diverse [...]

Glaciers Melt More Quickly Than Law Firms Get More Diverse

2017-02-27T15:51:28+00:00

As numerous outlets have reported, law is the least diverse profession in the United States.  Indeed, the problem is even more glaring at the highest levels of the profession.  Women account for only 17 percent of equity partners at firms, and only seven of the nation’s 100 largest firms have a woman as chairman or [...]

99% of Legal Departments Are Investing In Data Analytics. Are You?

2017-02-24T20:14:05+00:00

As we have written, data is essential to managing a legal department, raising the stakes for legal departments that have fallen behind.   In 2017, the stakes have never been higher. According to a recent survey, 99% of legal practitioners noted that data analytics will be “indispensable” for legal departments over the next ten years.  [...]

Key Metric #4: Law Firm Mix: How to Track Your Law Firms and Allocate Your Legal Spend

2017-01-09T20:17:41+00:00

As the market for legal services continues to change and law firms push to increase billings, savvy in-house counsel and legal operations professionals are increasingly turning to data analytics to control costs. As part of our series on key metrics that legal departments should be tracking, our final post in this series will focus on how [...]

Key Metric #3: Individual Partner Performance: Why Analyzing Law Firms Isn’t Enough

2017-01-09T20:16:04+00:00

As the market for legal services continues to change and law firms push to increase billings, savvy in-house counsel and legal operations professionals are increasingly turning to data analytics to control costs.  As part of our series on key metrics that legal departments should be tracking, our third post will focus on how to monitor individual [...]

Key Metric #2: Law Firm Staffing: How to Create Staffing Discipline At Your Outside Firms

2017-01-09T20:15:07+00:00

As the market for legal services continues to change and law firms push to increase billings, savvy in-house counsel and legal operations professionals are increasingly turning to data analytics to control costs.  As part of our continuing series on the key legal metrics that every well-run legal department should monitor, we are discussing matter staffing. [...]

Key Metric #1: Block Billing & How Your Legal Department Can Finally Defeat It

2017-01-05T19:52:55+00:00

As the market for legal services continues to change and law firms push to increase billings, savvy in-house counsel and legal operations professionals are increasingly turning to data analytics to control costs.  As part of our series on key metrics that legal departments should be tracking, this post will focus on how to track, monitor and [...]

Why Your Law Firms’ Business Model Matters and How to Track Your Legal Spend

2017-02-08T05:11:25+00:00

As law firms continue to face pressure to keep profits high in the face of decreased demand for legal services, the business model of law firms is changing rapidly. As the Wall Street Journal  pointed out, lawyers who “who don’t bill enough hours or bring in enough business are quietly asked to leave or demoted.” [...]