Key Risk Indicators (KRI) for Law Department 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 Law Department Performance Indicators may address such indicators as:
- law department
- litigation matters
- active litigation matters
- new litigation matters
- closed litigation matters
- cycle time
- non-litigation matters
- active non-litigation matters
- new non-litigation matters
- closed non-litigation matters
- external legal spending
- total fees for outside counsel
- total fees for legal research
- compliance
- ethics line and hotline calls
- cycle time for hotline reports
- code of conduct/ethics
- general expenses
- law-related expense
- expense of temporary staffing
- intellectual property matters
- active intellectual property matters
- new intellectual property matters
- closed intellectual property matters
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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