November 14, 2011 | Inside Counsel
Morrison on Metrics: Get it through your thick headHomo sapiens brains have evolved such a way that theyre ill-suited to cope with large numbers.
By Rees Morrison
3 minute read
October 24, 2011 | Inside Counsel
Morrison on Metrics: The coefficient of variationSophisticated managers may want to know how to compare unrelated data sets, especially when it comes to inside spending budgets.
By Rees Morrison
3 minute read
October 10, 2011 | Inside Counsel
Morrison on Metrics: The ins and outs of patent costsOne common way that metrics vary from one law department to another arises from their treatment of patent-related costs.
By Rees Morrison
5 minute read
September 26, 2011 | Inside Counsel
Morrison on Metrics: 5 kinds of averagesIs your knowledge above- or below-average when it comes to averages?
By Rees Morrison
3 minute read
August 29, 2011 | Inside Counsel
Morrison on Metrics: Total cost of resolution ought to include internal timeData on the value of time consumed internally for legal matters is murky.
By Rees Morrison
5 minute read
August 15, 2011 | Inside Counsel
Morrison on Metrics: 16 digital definitionsExamining the numerous numerical terms that legal departments use every day.
By Rees Morrison
6 minute read
August 01, 2011 | Inside Counsel
Morrison on Metrics: Of business models and benchmarkingComparisons of seemingly similar companies are complicated when business models are factored into the equation.
By Rees Morrison
3 minute read
July 18, 2011 | Inside Counsel
Morrison on Metrics: Reliance on accounts payable for external spend dataWhile potentially necessary for many small legal departments, there are drawbacks to solely relying upon this data.
By Rees Morrison
5 minute read
June 27, 2011 | Inside Counsel
Morrison on Metrics: Tracking seasonal billing trendsThe most variable metric law department managers track is outside counsel spending. This got me wondering whether there is much seasonality to the inflow of invoice amounts: Are there any patterns by month for how much gets billed to law departments?
By Rees Morrison
3 minute read
June 13, 2011 | Inside Counsel
Morrison on Metrics: Sources of help for statistical analysisFive places to look within your company for help gathering important statistics.
By Rees Morrison
3 minute read
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