Key Performance Indicators for Law Firms

Track: LMA West CME Conference 2018

Session Number: 3134
Date: Thu, Sep 27th, 2018
Time: 2:05 PM - 2:45 PM

Description:

Approximately 87% of law firms do not track Key Performance Indicators (KPIs). This presents a risk to most firms: inefficient and low-ROI activities reduce profitability and the ability to compete. Firms who don't track KPIs often find themselves off-course in the long run.  However, it also presents many opportunities to law firms who start tracking these metrics ahead of their competitors. Attendees will learn:

  • As a marketer, how you can move beyond the role of "support staff" and create your own seat at the table as "strategic advisor."
  • How to position your law firm on the leading edge in the industry, ahead of competitors with more traditional business philosophies.
  • How to identify inefficiencies, wasteful expenditures, and untapped opportunities for new revenue.
Session Type: Panel Discussion

Body of Knowledge (BoK) areas: Business of Law
Session Type: Panel Discussion

Body of Knowledge (BoK) areas: Business of Law