Key Risk Indicators (KRI) for Intellectual Property Performance Indicators
KRI (Key Risk Indicators) allows BI professionals from the Legal area
measure and control business risks.
KRI for Legal business niche
The KRI for Intellectual Property Performance Indicators may address such indicators as:
- intellectual property
- cost
- total internal cost
- total external cost
- attorney productivity
- number of filings per legal assistant
- number of filings per attorney
- internal hours
- external hours
- cycle time
- average number of hours per internal attorneys
- average number of hours per internal legal assistants
- average number of hours per external attorneys
- average number of hours per external legal assistants
- efficiency
- alternative fee arrangements
- hours by internal attorneys to legal assistants
- hours by external attorneys to legal assistants
- average cost
- average internal cost
- average cost using standard billing system
- average cost using alternative fee arrangements
Why BI and risk specialists from the Legal should KRI toolkit and indicators?
Key Risk indicators allows to estimate and control business risks..
Try the KRI Toolkit from Legal Estimation you will learn how to:
- build and use KRI;
- KRI: do-s and don’ts
- you'll have ready to use KRI template;
- you'll learn about practical application of KRI;
- toolkit includes KRI vs. KPI and Balanced Scorecard;
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