Taking a sip from a fire hydrant

Print This Post

8 March 2012


Posted by Will Long, head of in-house development at Legal Futures Associate LexisNexis

Long: board advised in-house lawyers to discard preconceptions that they are purely “word people”

Metrics, KPIs, benchmarking, six sigma and lean process mapping. It might seem far removed from the day-to-day work of an in-house lawyer – yet these were some of the themes under discussion during a recent meeting of the LexisNexis In-house Advisory Board.

The advisory board is a group of 15 senior in-house lawyers who regularly meet to discuss practical approaches to tackling common challenges. Earlier this year, the board shared experiences of using metrics to demonstrate value, and a note has just been published summarising the discussion.

According to the note, a metrics programme can help deliver outcomes as wide ranging as self-diagnosis, implementing strategic improvements, reducing costs, increasing the influence of legal, and developing and motivating your team. Some commonly gathered metrics include staffing, ultilisation, internal and external costs, income, compliance and client satisfaction.

In fact, the mountain of information available and the time commitment involved can be intimidating. Surely a metrics programme is not the best use of time when a team is already struggling to cope with increased internalisation of work and limited resources?

Iain Larkins, general counsel of Mercedes Benz, disagrees. “A busy in-house lawyer overwhelmed by the day job might be deterred from taking the time to embark on this,” he admits. “But if anything that

Tags:



One Response to “Taking a sip from a fire hydrant”

  1. Benchmarking is an incredible tool and affords the CLO/GC or other management level attorneys the tool to defend or make changes in their current resources allocation. The Reese Morrison survey is only one of many benchmarking tools available. Another great benchmarking survey is the HBR Law Department Survey which has been providing benchmarking data for over 25 years. If your legal department is considering benchmarking I recommend inquiring about the HBR Law Department Survey.

  2. Jason on March 12th, 2012 at 4:58 pm

Legal Futures Blog

McKenzie Friends – a storm in a teapot

Legal Futures Conference 2011Photo by Jonathan Goldberg

If the recent furore about McKenzie Friend Marketplace shows anything, it is that the profession remains acutely sensitive to the apparent threat of competition by unregulated entrants into the legal landscape. But for an outside observer, the whole McKenzie Friend debate remains curiously overblown: if not a storm in a teacup, a storm at least in a teapot. For all the characteristic sturm und drang of the Law Society’s response to last year’s senior judiciary consultation, there was pretty widespread agreement among most respondents that McKenzie Friends are here to stay.

April 28th, 2017