Not only do lawyers have to deal with complex and risky matters each day, but the impact of Legal is challenging to measure. However, in today’s data-driven world, efficient legal performance is essential for boosting a company’s productivity and value.
This cheat sheet will provide metrics that can be used to objectively measure and prove a legal department’s performance and value.
What's inside?
- Basic legal spend metrics to help measure performance
- Contract management metrics to indicate contract workflow efficiency
- Workload management metrics to spot legal operations blocks and pitfalls
- Metrics to identify the legal department’s needs and trends
- Breakdown of internal and external perceptions about Legal
- KPIs that capture the value of the legal department to report it to stakeholders
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