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Metric of the Week (#15): Total Legal Spend by Practice Area (TLSPA)
April 8, 2025 Definition Where does your legal budget actually go? Total Legal Spend by Practice Area (TLSPA) breaks down how legal...
Metric of the Week (#14): Internal Spend as a Percentage of Total Spend (ISPOT)
March 3, 2025 Definition Are you investing in your legal team or outsourcing your problems? How much of your legal budget stays in-house,...
Metric of the Week (#13): Budget Allocation Across Practice Areas (BAPA)
February 25, 2025 Every legal department has limited resources, but where does the money actually go? Budget Allocation Across Practice...
Metric of the Week (#12): Legal Department Request Resolution Time (LDRRT)
February 18, 2025 Definition Every legal department deals with a variety of requests from internal clients such as contract review, legal...
Metric of the Week (#10): Average Invoice Approval Time (IAT)
November 14, 2024 Definition Law firms and vendors invoice legal departments for their services and expect timely payments. However,...
Metric of the Week (#9): Paralegals and Admin as a Percentage of Legal Staff (PAPLS)
Definition Paralegals and administrative staff are essential to keeping legal departments running efficiently. Paralegals  often assist...
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