Litigation Management

Survey Says

The Council on Litigation Management’s comprehensive national litigation management study has been released. Conducted over a five-month period by Revere Advisory, the Study is believed to be largest study of its type ever conducted with data collected across 160 questions from 47 senior litigation executives.

Among the findings: Seventy-four percent of study participants rated the quality of their litigation metrics as “Fair,” “Poor” or “Very Poor” in terms of measuring the overall effectiveness of their programs. This represents a significant opportunity for improvement for the industry and for litigation executives generally.

How effective are your metrics in
measuring the effectiveness of your
litigation management program?

74% rated
their metrics as
“fair” or worse

38% Fair

34% Poor

13%
Very
Effective

13%
Effective

3%
Very Poor
THE BRIEF
When considering all the resources
we have invested, I believe my
organizations sees _____ in return
for every $1 we have invested.

$10.35 Average

Annualized
Rate of Return
of 175%

$2.75
Median

Respondents were also asked to quantify all aspects of the litigation management-related resources in which they have invested. They were then asked to quantify the financial return they are achieving. The median rate of return for all participants was $2.75 for each $1 invested, for an annualized return of 175%.

Read more about the study in the Fall 2011 issue of Litigation Management, scheduled for publication in late August. Request a copy of the study by writing to report@revereadvisory.com.

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