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Articles Posted in Benchmarks

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Lower total legal spending as a percentage of revenue for French legal departments compared to U.S. departments

Profit & Law, Helene Trink’s consultancy in France, recently published its survey report of 119 heads of legal (directeurs juridiques) in France. Of that group, 62 provided enough data to permit Trink to calculate their total legal budget, covering both internal and external costs, as a percentage of their 2010…

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Turn to a law firm to analyze your spending data and perhaps combine it with similar data from other companies

One of your law firms might volunteer to analyze the bills you have paid and bring to bear more talent than you have available. KMWorld, Feb. 2012, at 11, brought the possibility to mind as it describes how Byran Cave has a Practice Economics Group. The firm created the Group…

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On to 1,000 marches the 2012 GC Metrics benchmark survey! Please join!

This year’s survey is officially OPEN! Click on this precious link to complete your response. You will relish the streamlined questionnaire, 26+ industries, five releases, medians for 25 key metrics, and the zero cost. For your industry to be well represented, please forward this post by e-mail to your colleagues…

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Rolling averages as a way to show more accurately the current trend

Not many law departments calculate rolling averages, such as for what they spend per month on outside counsel, but it is a useful tool to show up-to-the-month patterns in time-interval data. Rolling averages can show your progress since they convey recent trends rather than overall averages. I write about rolling…

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No, average costs in the U.S. for an in-house lawyer are not $125 an hour; think at least 50 percent higher

If general counsel understate the cost of an in-house attorney hour, perhaps by assuming a high number of chargeable hours a year or only including base salaries, they are mistaken. In the ABA J., Jan. 2012 at 26, for example, a general counsel of a huge real estate management firm…

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A record 829 law departments in the Fifth Release of GC Metrics’ benchmark survey – and you can get it

The Fifth Release of the GC Metrics global benchmark survey will go this week to 829 participating law departments. That is a record increase of 24 from last year. There are now 27 industries detailed, with the addition of special analyses for airlines, automotive suppliers, medical devices, national labs, semiconductors,…