My article published in the National Law Journal on April 8, 2013 discusses three innovative forms of graphics. Mosaic plots, box plots, and heat maps can represent all kinds of data that law department managers care about. It offers some examples of each kind of graphic after explaining what they…
Articles Posted in Benchmarks
An inverse relationship between the amount of litigation and the amount of regulation
This leader to an article caught my eye: “In markets with little regulation, litigation soars. As regulation rises, litigation falls. Unless consumers are bound by so-called tort reform, their only recourse when harmed by an unregulated product is to sue its maker.” The quotation comes from Life Science Leader, December…
Here come the conglomerates, and there go the easy benchmark comparisons
One of the predictions in the Economist, the World in 2013 at 25, is that conglomerates will become more common. As banks and venture capitalists become more risk averse, the article argues, companies will invest their own cash in a wider array of enterprises or endeavors. Another reason is that…
Graphics to explain data need to be both effective and attractive: introducing icon graphs
A recent article made two points regarding the graphical presentation of information. The points derive from a study that presented four kinds of graphics and asked a group of doctors to rate a pair their characteristics: were the graphs correct and were they enjoyable to look at. The doctors said…
The dearth of Japanese participants in the GC Metrics benchmark survey may diminish
During the four years that I have run the General Counsel Metrics benchmark survey, only four companies headquartered in Japan have participated. On the other side of the Pacific, 19 subsidiaries of Japanese companies, all based in the United States, have taken part. Now I may know why companies…
Free Webinar: Insights from the 2012 General Counsel Metrics Benchmark Survey (Release 5)
With permission, I reproduce below a post from Lynn Galbenski of Lumen Legal: On February 12 from 1:00-2:00 p.m. EST, Lumen Legal will be hosting our first webinar of the year. It’s part of our 2013 Corporate Counsel webinar series to help Corporate Counsel meet the challenges of a changing…
Final Release of 2012 had 1,001 participants; why don’t you take the 2013 survey!
This wasn’t Scheherazade, but General Counsel Metrics ended the year with more than one thousand law departments! I stopped at that point and prepared Release 5.0, which went to all participants on January 29th. The United States (644 companies), France (145 companies), and Canada (54) accounted for the largest…
Online recording (YouTube) about “lawyers per billion of revenue” as a benchmark metric
Having made my way through one recording, I plunged in with another. This one I improved in several ways. https://www.youtube.com/watch?v=PwqLeN1QLNI&feature=youtube_gdata_player Given my self-imposed limit of close to three minutes, I did not go into much about the definition of “lawyer,” the scope of whom should be included (more there…
YouTube video on total legal spending as a percentage of revenue
Inspired by my 10-year old son, I created my first YouTube video. You can sit back and revel in 3 minutes and 34 seconds of unadulterated viewing pleasure at the following link: https://www.youtube.com/watch?v=uw83rrA7oSk My thought is to produce a series of these videos. YouTube might not be the online…
Just shy of 1,000 law departments in Release 4.0 of GC Metrics’ benchmark study
Some 970 law departments had participated in the General Counsel Metrics global benchmark survey when Release 4.0 went out on Dec. 12th. The 65-page report is absolutely free to participating departments. The fifth and final release will go out in late January. Release 4.0 has 27 industries with their…