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How can metrics be used to manage matters, control spend and demonstrate value for an organisation?

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Practice note, Quick guide to using metrics to manage in-house matters, control spend and demonstrate value outlines how metrics can be used by an in-house legal department to manage matters, control spend and demonstrate value to an organisation.

Some of the key topics discussed include:

  • The importance of using metrics in a legal department and the types of metrics legal departments are using to help demonstrate to the organisation how they create value and avoid losses.
  • How in-house legal departments have used technology and metrics and turned to automated matter management and e-billing solutions to support the strategic goals of an organisation.
  • The various tools that a legal department can use to keep track of what the department is working on and spending.
  • How these tools can support a project-oriented approach to legal work, by adapting project management techniques in a legal context.

For further information on these subtopics generally, see Toolkit, Legal department operations: Demonstrating value and measuring success.

 

By Practical Law In-house Team

Practical Law Australia’s expert legal writers have practical expertise gained from some of the country's leading law firms and corporate legal departments, including Ashurst, Baker & McKenzie, Gilbert + Tobin, Herbert Smith Freehills, the Australian Broadcasting Corporation (ABC) and more. They understand the pressure to deliver timely and cost effective legal advice, which is why Practical Law’s fully maintained practice notes, precedents, drafting notes and checklists offer clear and concise know-how with a practical perspective.

For more information on Practical Law Australia’s legal writing team, visit legal.thomsonreuters.com.au/practical-law-team

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