Progress in Automated Benchmarking

Law firm strategic and operational planners commonly use data from periodic law firm surveys to "benchmark" their own firms' performance. Many law firms now also employ business intelligence (BI) technology to extract more value from their internally collected financial data. Recently, interest has grown in a convergence of these two capabilities: using BI software to combine internal and external data streams, making benchmarking more standardized, sophisticated and reliable.

12 minute read October 03, 2005 at 04:18 PM

Jill Nelson

Law firm strategic and operational planners commonly use data from periodic law firm surveys to “benchmark” their own firms' performance. Many law firms now also employ business intelligence (BI) technology to extract more value from their internally collected financial data.

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Progress in Automated Benchmarking

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