Thomson Reuters

10 secrets to your department acting with more efficiency

Historically, in-house legal departments have not busied themselves with tracking spend, graphs, charts and other metrics to measure their performance and benchmark themselves against their peers. However, the recent economic downturn and added pressure to reduce costs from top management have brought this to the forefront of every GC’s attention.

The question then becomes: what metrics are the most valuable to manage your legal department and show its value to stakeholders in the company? …

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