MyCase

JANUARY 15, 2025

Legal professionals can visualize key metrics like billable hours, utilization rates, and revenue with customizable dashboards that are filterable by attorney, practice area, or client. Make Smarter, Data-Driven Decisions Empower confident, data-driven decisions using advanced metrics and customizable dashboards.

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Paralegal Bootcamp

NOVEMBER 2, 2024

1 Billing your time can be stressful if you’re not meeting your firm’s annual quota…or it can be rewarding if you’re exceeding that quota and your bonus is based on that metric. These goals help law firms predict revenue and track employee productivity. 6 Drop off dry cleaning =.1

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CARET Legal

JULY 29, 2024

Visual legal metric dashboards offer a holistic view of your firm’s performance, empowering you to stay ahead in a competitive market. Visual legal metric dashboards offer a holistic view of your firm’s performance, empowering you to stay ahead in a competitive market.

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LawTechnologyToday

MARCH 22, 2021

Indeed, a hybrid workforce makes compliance requirements, cybersecurity threats, and productivity metrics a real concern for law firms. In response, many companies have turned to employee monitoring software to oversee this transition. Interestingly, employees share these sentiments. Demonstrate Compliance. session mining.

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CARET Legal

SEPTEMBER 5, 2024

Identifying Key Metrics for Resource Allocation The first step in using analytics for resource allocation is to identify the key metrics that align with your firm’s business objectives. These metrics, known as Key Performance Indicators (KPIs), provide a measurable way to assess your firm’s performance.

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LawSites

MAY 27, 2021

” The survey polled firms of all sizes, with the majority of responses coming from firms of 100 or more employees. Metrics Matter. A key driver in marketing success is tracking metrics, the report says. In-person meetings have given way to videoconference meetings on platforms such as Zoom.” New Strategies.

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Law Firm Law Firms Laws Technology 131

The Process Street

APRIL 14, 2021

What business metrics are used by bizops personnel? Below I’ve detailed key metrics bizops personnel use to do this. North star metrics. A north star metric is a measurement that’s most predictive of a company’s long-term success. Below are north star metrics bizops personnel will use daily.

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The Process Street

MARCH 17, 2025

In this episode of the Employee Onboarding Podcast , Erin Rice speaks with HR expert Caroline Yost about the one thing most onboarding processes get wrong: a lack of clear expectations. However, without clear expectations, employees often feel lost in their new role. Manager involvement.

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Project Management Human Resources 52

Intelligize Blog

DECEMBER 19, 2024

said it found that an employee responsible for small package delivery expense accounting had intentionally made incorrect accounting entries and falsified underlying documents to hide roughly $151 million in delivery expenses in a span of three years. In a Form 8-K dated December 11 , Macys Inc. In a Form 8-K dated December 11 , Macys Inc.

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The Process Street

MAY 21, 2021

He has a passion and keen understanding when it comes to HR and employee management. Your employees are the lifeblood of your business. The level of success and the results you achieve will directly reflect the performance of your employees. Satisfied employees are also more productive and efficient. Ask peers for help.

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Paralegal Bootcamp

MAY 5, 2025

Those are things like office rent, employee benefits, technology tools, insurance, and office supplies. Billable hours also serve as a performance metric. Plus, a portion must generate a profit for the partners who own the firm.

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NCBA Law Practice Management Blog

OCTOBER 19, 2022

But, if you want to drive revenue within your law firm, it makes sense to look at bonusing attorneys and staff in ways that will incentivize your employees to generate or close more cases for the firm, which will lead to additional revenue. And, that can work, for sure.

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The Crime Report

NOVEMBER 18, 2022

“When I was on the Police Review Commission, we pushed for new public safety metrics that focus on positive outcomes and results for our communities for a simple reason: what you focus on is what you get,” he said. Yet only 8 percent of the city is Black. ” Jackie Fielding wrote in July, writing for the Brennan Center. .

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Laws 135

The Fashion Law

JUNE 4, 2021

Burberry has stated that it is considering incorporating non-financial performance metrics – including the achievement of ESG targets for senior leaders across the group – into its compensation structure. Moreover, the ESG metrics that a company decides to use should be transparent and easy to understand. Among the potential outliers?

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The Process Street

JULY 19, 2021

Employees and new hires must have the skills to create positive experiences that bring customers back and get them to spread the word about your brand. But your employees’ capabilities must be aligned with your new objectives. But it’s also a time-consuming process that involves screening potential hires and onboarding new employees.

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LawTechnologyToday

FEBRUARY 12, 2021

The COVID-19 pandemic has shown that employees can work from home and the firm can still operate efficiently. In fact, a study from Harvard suggests that at least 16% of employees will continue working from home after the pandemic ends. Employees can then compare the overall profitability of each year. Remote Work.

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The Process Street

JANUARY 20, 2021

A look into GitLab’s employee handbook. Radical transparency in business means creating systems that are open, without being afraid of other people (or your employees) seeing what you do or say. For Dalio, the company culture involves having employees who: Work for what they want and not for what others want of them.

Finance 124

Finance Work From Home Calendaring Education 124

The Crime Report

JANUARY 19, 2022

Months later, Courthouse News details an employee at the State Controller’s Office — where employees handle information regarding a person’s identity, address, and Social Security numbers — clicked on a malicious email link and unknowingly exposed information of at least 9,000 people. .

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Technology Government 119

The Process Street

JUNE 3, 2022

Corporate leaders often say employees are their most valuable asset. In fact, employees are so valuable that over 23% of businesses fail because they don’t have the right team. In simple terms, HRP is a process that manages employees within an organization. Employee evaluation form. Employee transition plan.

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The Process Street

APRIL 10, 2022

“What is employee engagement?“. To most people, employee engagement is jargon. Employee engagement is a vital statistic to show the overall health of a business at every level. If you can better this statistic, it can result in massive benefits such as a 67% lower employee turnover rate and 21% higher productivity.

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Human Resources 98

CARET Legal

MARCH 13, 2024

Employee training and development: Regular training and development opportunities help employees improve their skills and learn new ones. Better-trained employees tend to be more efficient and productive. When employees feel that they are being set up for success, they will become more engaged and produce more high-value work.

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The Estrin Report

SEPTEMBER 26, 2023

A performance review is a two-way, individualized conversation between a manager and an employee about performance impact, development, and growth. Put together a review package and include: Quantitative metrics that measure your performance. Qualitative metrics also bring immense value to the organization.

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Attorney at Work

APRIL 15, 2022

As part of a small company, I work with contract employees, interns and other consultants as well as business partners, not to mention clients. Stay on top of best practices, metrics and your well-being. Brett is a past ABA TECHSHOW Planning Board Chair and a popular speaker on legal technology. . Are you focused?

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Attorney at Work

OCTOBER 24, 2022

Goal-setting and planning skills: The ability to set clear goals, identify success metrics, and map out the steps needed to reach the goal while anticipating potential issues and determining the best use of resources. Determine Success Metrics. Get clear on how you are going to measure success.

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CARET Legal

JULY 5, 2024

Identify the metrics that matter most to your firm’s success, such as revenue growth, client acquisition rate, and employee utilization rate. In addition to monitoring KPIs, keep a close eye on your firm’s financial metrics. Use this data to create financial projections and plan for the future.

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Law 360

APRIL 24, 2023

A Washington federal judge on Monday once again threw out a proposed class action accusing Microsoft of mismanaging an employee 401(k) plan, saying the suit still falls short of showing the company breached its fiduciary duties despite added metrics indicating some investments didn't do well.

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The Process Street

FEBRUARY 11, 2022

The goal of performance management is to track employee performance in relation to individually established goals and key performance indicators. Employee onboarding software. Employee onboarding solutions can increase productivity , decrease turnover , and ease new hires into their role. Employee Complaint Procedure.

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Human Resources Education 101

The Process Street

MARCH 3, 2022

Companies like Zappos and Buffer prioritize employee autonomy, happiness, and entrepreneurial spirit. Employee engagement. Develop strategies to reenergize your employees’ attitudes towards what they do and what you stand for. 30 data points over 5 categories were collected for every employee. Organizational design.

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Patently O

AUGUST 24, 2023

When we created the Diversity Pledge, our hope was to create more transparency in innovation and inventorship inclusivity, by creating a standard metric for companies to report on their DEI reports. Because we can’t afford to leave our most talented people on the sidelines, the goal must be actionable, not performative.

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Law Firms Law Firm Technology Laws 98

The Process Street

MARCH 23, 2022

We still have a top-down structure in many work environments today, but some companies have begun to embrace a horizontal knowledge approach, where managers and employees are on the same level and treated as equals. If your business makes a lot of money, but you have no love for it, that’s not great for you or your employees.

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The Process Street

MAY 12, 2021

This raised a very important question for employers: How do you measure the output of your employees without treating them like cattle? More to the point, if human capital theory has outlived its usefulness, what language should we be using to describe an employee’s value? Is it fair to consider employees part of a company’s assets?

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MyCase

JULY 21, 2022

With law firm financial metrics, you can efficiently plan, execute, and measure the success and pain points of your firm’s services. This post will explore why financial metrics are important for profitability analysis and share some of the best legal metrics your law firm should implement. . Company Financial Metrics.

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Attorney at Work

AUGUST 18, 2022

HR and employee data can also be valuable in terms of the team construction and the skills and experiences of the participating individuals. It also creates a really interesting map over time about what services clients are buying, who’s working with whom, and the most common configurations of teams that support client delivery.

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The Process Street

JULY 26, 2021

For instance, Process Street’s ICP is a software or services company located in the USA, Canada, Australia, or the UK with over 50 employees. The idea is that you grow accounts over time with value metrics and packages that naturally scale as customers become hooked on your product. Velocity metrics help organizations forecast revenue.

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CARET Legal

OCTOBER 25, 2024

By analyzing performance metrics , law firms can make informed decisions about where to invest resources and how to expand. Key metrics to track include: Client acquisition costs: Understanding the cost of acquiring new clients helps firms allocate their marketing budget more effectively.

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The Process Street

JUNE 30, 2022

Step 10: Determine metrics against which the SOPs can be judged. To know whether your process is performing well or poorly, you need metrics against which to judge it. If you’re constructing SOPs for a sales process , you may be looking at metrics like : How many generated leads are there per week?

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The Process Street

MAY 17, 2021

A customer health score is a metric used to determine whether customers are healthy or at-risk of dropping off. A customer health score is a vital metric indicating what’s happening in your customer accounts early enough to act appropriately, reduce churn, and continue to grow. What’s a good NPS value?

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