Helping legal departments demonstrate the value they deliver.
Acritas discovered 25% of organizations have no metrics in place to measure their legal departments. Analysis of the 75% using metrics revealed an over-emphasis on cost (33%) as opposed to proactive risk management, effective legal support and creating value through efficiency – a clear mismatch with legal department goals.
The Acritas PEER modelTM was developed by Lisa Hart Shepherd (CEO) to provide a credible scientific solution to advancing legal department management.
Based on real-world case-studies and best practice measurements, from Sharplegal interviews with over 1,000 legal departments globally, the Acritas PEER modelTM will enable legal departments to confidently develop and benchmark performance metrics and better demonstrate the true value delivered to their organizations, not just the cost.
To access available benchmark data on internal and external legal spend, no. of lawyers and remuneration you can request to take part in Sharplegal by contacting Kayleigh Lowes on firstname.lastname@example.org or by calling Acritas' head office on +44 808 178 3020.
A member of our research interviewing team will then check your eligibility and schedule your 20 min interview at a time that is convenient.
Acritas research shows that in-house legal teams have three clear key goals: A metrics-based framework to measure value
1. Proactive risk management through preventative measures
2. Provision of effective legal support
3. Driving more value from legal spend through efficiency
The Acritas PEER model™ incorporates these three goals and adds an extra review phase to evaluate practices and develop a virtuous circle of improvement. More importantly, this creates a structure for measuring improvement.