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A metric proxy for the value of a patent – in how many countries is the patent registered 24 Jun 2013 | 05:27 pm
There is no reliable way to measure a patent’s value. But, according to an article in the Economist, January 5, 2013 at 52, “one can use a rough-and-ready yardstick: in how many places did the invento...
US legal system costs for liabilities are higher than those of the Eurozone by fifty percent 17 Jun 2013 | 07:05 pm
The U.S. legal system is the world’s most costly, according to a study released this week [PDF] by the U.S. Chamber Institute for Legal Reform (ILR). The study, conducted by NERA Economic Consulting, ...
Law department benchmarks are not law department opinions counted up 14 Jun 2013 | 08:07 pm
Regarding law departments, we often use the term “benchmark metrics” loosely. Start with “metrics.” They are something you can count that exists independently of the counting. The square feet of a...
Release 1.0 sent to 196 law departments; get a sample if you write me 13 Jun 2013 | 05:46 pm
On June 10th General Counsel Metrics, LLC, sent Release 1.0 of its benchmarking staffing and spending survey to the 196 law departments that had submitted data through May 31st. The release covered c...
The arrival of text mining and its implications for tracking ideas important to law department management 10 Jun 2013 | 06:57 pm
Software is now available that could take all the blog posts on GC Metrics’ Law Department Management and all the articles written in the past five years and all the books about leading law department...
Indirect sources of performance metrics that law departments have not tapped 1 May 2013 | 07:21 pm
The hardest data to extract from a law department is data that requires someone senior to do anything. Try getting the general counsel to evaluate 25 law firms. The next hardest data to obtain is th...
Three uncommon methods to visualize law department data: box plots, mosaic plots and heat maps 30 Apr 2013 | 03:59 pm
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 departm...
An inverse relationship between the amount of litigation and the amount of regulation 19 Apr 2013 | 08:40 pm
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 r...
Here come the conglomerates, and there go the easy benchmark comparisons 18 Mar 2013 | 11:47 pm
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, companie...
Graphics to explain data need to be both effective and attractive: introducing icon graphs 6 Mar 2013 | 06:48 pm
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 t...
