Active Legal Cases per Billion Dollars of Revenue
This PDF report includes benchmarking data (in a visual, chart-based format), an comprehensive KPI definition, characteristics of high performers and technical details on measuring Active Legal Cases per Billion Dollars of Revenue. Purchase and download this easy-to-understand, presentation-ready report immediately to compare performance levels, set attainable performance targets, and push towards best-in-class performance for this KPI.
What is Active Legal Cases per Billion Dollars of Revenue?
The total number of pending (active cases that have not yet been closed/settled) legal cases divided by each one billion dollars of revenue earned by the company over the same period of time.
Why should Active Legal Cases per Billion Dollars of Revenue be measured?
Active Legal Cases per Billion Dollars of Revenue measures the total number of pending (active cases that have not yet been closed/settled) legal cases in relation to each one billion dollars of revenue earned by the company over the same period of time. A relatively high value for this metric is typically related to a few common factors, including highly manual (i.e., error and rework prone) Legal Department processes and procedures (e.g., poor use of document management systems, distribution of relevant legal information, etc.), excessive time spent on low-value work (e.g., printing, scanning, etc.), general inefficiencies within Legal Department processes (e.g., poor document preparation, lack of prompt responsiveness to legal issues, insufficient research on legal procedural issues, etc.), inefficient representation in the court of law, and sub-par Legal Department employee training and performance. Each of these factors can result in prolonged litigation cycle times and an increased probability that the case will be settled at a loss.
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