Data & Metrics

Focused Firms: Where Does the Efficiency Lie for these Practice-Concentrated Firms?

Continuing our series of blog posts, we will use Peer Monitor data to examine the characteristics of “Focused Firms” — those firms that have 50%…

Isaac Brooks March 19, 2020

The 2020 Report on the State of the Midsize Legal Market: Challenges & Change

The 2020 Report on the State of the Legal Market — produced by Thomson Reuters Legal Executive Institute and the Georgetown Law Center on Ethics…

Barb McGivern March 16, 2020

Introducing “Focused Firms”: The Value of Concentration

In a new series of blog posts, we will use Peer Monitor data to examine the characteristics of “Focused Firms” — those firms that have…

Joe Blackwood March 11, 2020

State of the UK Legal Market: Challenges Emerge to Growth & Sustainability

Over the past couple of years, the legal market in the United Kingdom has shown a pretty good track record of growth, with revenues up…

Legal Executive Institute March 09, 2020

PMI Q4 Analysis: Is Your Law Firm Monitoring Practice Productivity?

The law firm industry has grown demand consistently over the past two years, with back-to-back years of 1% growth. Indeed, the most recent fourth quarter…

Isaac Brooks March 04, 2020

2020 Report on the State of the Legal Market: Who is Driving Worked Rate Growth?

We discussed previously how the 2020 Report on the State of the Legal Market — published in January by Thomson Reuters Legal Executive Institute and the…

Joe Blackwood February 27, 2020

Does Your Law Firm Need a Data Quality Specialist?

There is a lot of chatter these days around the increasing use of data to inform and drive business decisions within law firms. To that,…

Christopher Ende February 24, 2020

PMI Q4 Analysis: With Demand & Rates Growing, Why Isn’t the Legal Market Stronger? Look Overhead

There are many indicators that currently signal that the legal market is gaining strength. For example, law firms saw the first two-year stretch of 1.0%…

Isaac Brooks February 19, 2020

Data Standards: Helping Your Legal Tech Applications Talk To Each Other

Today, legal technology is proliferating by quantum leaps. Legal organizations, including law firms and in-house law departments, have access to an abundance of new technology…

Legal Executive Institute February 14, 2020

2020 Report on the State of the Legal Market: A Closer Look at the Cost of Declining Productivity

The 2020 Report on the State of the Legal Market, from Thomson Reuters Legal Executive Institute and the Center on Ethics and the Legal Profession…

Joe Blackwood February 13, 2020

Marketing Partner Forum: Addressing Client Attrition Through Data Analytics

KEY BISCAYNE, Fla. — During the opening remarks last month at the 27th Annual Marketing Partner Forum, a live poll showed that the 2020 trend within…

Jennifer Roberts February 10, 2020

Peer Monitor Economic Index Slips in 2019’s Fourth Quarter

The large law firm market has seen arguably the best two-year period since the end of the recession. Indeed, 2019 marked the first two-year stretch…

Legal Executive Institute February 03, 2020