In an era in which law firm performance is increasingly public -
and a determining factor for where the best lawyers decide to
practise - it seems clear that firm management would want to adopt
tools that are proven to improve performance. An increasing number
of firms are now adopting this long established tool and there is
growing evidence that firms which employ balanced scorecards to
drive strategy implementation have significantly improved
shareholder returns. Balanced Scorecards for Law Firms report
provides a vital introduction for firms wanting to know more about
how the balanced scorecard can improve their own firm's
performance. The report and the tools explained within it reach
well beyond revenue per lawyer and profit per equity partner to
identify meaningful measures and actions related to the development
of quality people, highly satisfied clientele, and superior
business practices and processes. Specifically, the report will
give you a clear understanding of: The balanced scorecard concept
and tool, its practical application and the results you can achieve
from its adoption; How to apply the concept in a law firm
environment - the central opportunities and challenges the tool
presents for law firm management; and Each of the major elements of
a balanced scorecard - with an emphasis on their meaning in a law
firm environment: Financial measures; Client measures; Learning and
growth; and Business processes. Balanced Scorecards for Law Firms
provides you with pragmatic advice, real world case studies and
invaluable expertise to help you begin utilising a tool that can
dramatically improve focus, accountability and execution of
strategy. Begin outperforming your competitors in an increasingly
difficult and aggressive market place.
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