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Metric of the Week (#4): Expenses as a Percentage of Total Vendor Spend (EPVS)
Definition Expenses as a Percentage of Total Vendor Spend (EPVS) is a metric for monitoring the expense portion of vendor spend,...
Metric of the Week (#3): Total Legal Spend as a Percentage of Revenue (TLSPR)
Definition Total Legal Spend as a Percentage of Revenue (TLSPR) is a classic metric, by which organizations can track the financial...
Metric of the Week (#2): Total External Spend by Vendor (TESV)
Definition The 'Total External Spend by Vendor' metric is used to identify key influencers in the legal department's total external...
Metric of the Week (#1): Legal Spend Forecasting Accuracy (LSFA)
Definition The Legal Spend Forecasting Accuracy (LSFA) metric assists legal departments in assessing the accuracy of their forecasting...
Transforming Legal Departments: The Role of Open-Source Legal Operations
L; DR: The open-source movement transformed the software industry. Platforms like Coursera, edX, YouTube, and Medium revolutionized...
What I Learned from The New Zealand Tea Tree on Blossoming DEI
January 16, 2024 Blooming Diversity in the Legal Industry From August 2021, attorneys who identify with diverse ethnic...
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