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Books > Law > Jurisprudence & general issues > Legal profession
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Performance Measurement for Law Firms (Paperback)
Loot Price: R5,951
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Performance Measurement for Law Firms (Paperback)
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With rising competition putting pressure on law firms to raise
their performance levels, Alan Hodgart's much anticipated report on
Performance Measurement for Law Firms could not have come at a
better time. Hodgart, an acknowledged industry expert, provides
practical step-by-step guidance on how to effectively measure the
performance of your fee earners, core support functions and overall
firm. Hodgart highlights the key challenges many law firms face
when measuring performance and provides critical advice on how to
tackle them successfully through the development of an effective
performance measurement system. Key topics covered include: *
Measuring performance in law firms - what it means and what to
measure; * The key financial measures of profitability and how to
calculate them - cost, profit, revenue; * The data and financial
information required at firm and practice-group level; * The
effective use, and abuses of financial data; * Aligning the
economic structure of your type of work to maximise profitability;
* Implementing an effective performance measurement system; * How
to measure the performance of your fee earners and support staff -
finance, IT, Marketing, HR, KM and other; * Client profitability,
project management and much more - The report focuses particularly
on profitability and demonstrates how it can be used to monitor and
compare the outcomes of working with different clients to project
future revenue and profit levels. It also includes a useful
appendix - an 'Economic Template' which demonstrates how to
assemble the relevant data to manage the financial performance of
your firm. Performance Measurement for Law Firms is essential
reading for any firm looking to measure and enhance all areas of
their performance.
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