Drawing on data from 109 legal departments in France, consultant Helene Trink of Profit & Law reports that lawyers as a percentage of total legal staff is much higher than in American law departments. Her median figure: 77% of the total legal staff are lawyers (1st quartile 63% and third…
Articles Posted in Benchmarks
Lawyers per billion dollars of French law departments is higher than for U.S. departments
In her most recent benchmark report, Helene Trink, head of the French consultancy Profit & Law, published 2010 data on 75 law departments in France and their lawyer headcount. At the median, the number of lawyers per billion Euros of revenue was 8.5. If we take the Euro exchange rate…
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…
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…
Morrison on Metrics: the mathematics of permutations
The more ideas and possible mixes and matches a law department manager has available to choose from, the more … We know intuitively that as the number of choices increase, the number of possible combinations of those choices increases even faster. The mathematics that makes explicit how those combinations increase…
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…
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…
Collected thoughts on scatter-grams
A few days ago my online column appeared at InsideCounsel.com. It offers thoughts on scatter-plots (aka scatter-grams). They and their usual sidekick, trend lines, provide a compelling way to present a lot of data so that some message from the pattern comes across immediately. If you want to read the…
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…
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,…