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…
Law Department Management Blog
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…
$800 an hour rates and a shift noted toward larger and larger law firms
Aric Press writes in the Jan. 2013 American Lawyer at 134 about an analysis he did of law firm billing data from 37 substantial companies. CT TyMetrix provided the data and Aric explored various findings, such as total hours billed over a three year period and total external spending. …
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…
Details to obtain free (or low cost) compensation report for law department administrators
During 2012, General Counsel Metrics collected compensation data for 65 law department administrators. The report shows medians and quartiles for base salary, bonus, and total compensation as of Dec. 31, 2011 by six industries as well as five revenue ranges (a minimum of four respondents in each). The industries…
A correlation between the size of city where a law department has much of its staff and its performance metrics
The Economist, Oct. 13, 2012 at 90, explains how the greater concentration of America’s largest metropolitan areas compared to those in the euro area confers big advantages. Essentially, ideas appear and spread more quickly in larger urban areas, which economists referred to as “knowledge spillover.” Even though we have more…
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…