Key Risk Indicators (KRI) for Litigation 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 Litigation Performance Indicators may address such indicators as:
- litigation
- litigation cost
- internal cost to litigate each lawsuit
- external cost to litigate each lawsuit
- cycle time
- cycle time to resolve matters (avg)
- cycle time for internal lawsuit
- cycle time for outside counsel
- billed hours
- internal hours billed for each lawsuit
- outside counsel hours billed for each lawsuit
- attorney productivity
- number of cases per legal assistant
- number of cases per attorney
- hours spent by internal attorneys and legal assistants
- hours spent by external attorneys and legal assistants
- efficiency
- pre-discovery resolution rate for internal lawsuits
- pre-trial resolution rate for internal lawsuits
- pre-discovery resolution rate for external lawsuits
- pre-trial resolution rate for external lawsuits
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 Evaluation 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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