Law firm headcount and revenues are a poor proxy for measuring leadership and excellence.

In this episode I had the pleasure of chatting with Molly Huie, team leader of proprietary, industry thought-leadership surveys and data-based award programs at Bloomberg Industry Group. Joining me to interrogate Molly is data strategist Sara Lord of Reed Smith, the best kind of tech, law, and legal-tech nerd.

We interviewed Molly about Bloomberg’s relatively new law firm ranking service that we think is pretty innovative. It helps firms make detailed, four-pronged examining of performance and effectiveness that goes beyond traditionally examined characteristics and metrics.

The new Leading Law Firms program blends financial strength, talent, growth, innovation, and excellence-related metrics into an interactive experience where you can sort, compare, and drill into firm-level dashboards to reveal actionable metrics.

What makes it different? The data is submission-only and transparently shared, with sensitive answers aggregated for scoring rather than exposed as competitive intel. The tool is also unique in its ability to reveal — via an interactive interface — how small and midsize firms may innovate as well as, or faster than, the giants.

Who benefits? We talk through the types of professionals expected to get the most value out of this tool, e.g., business development and marketing leaders seeking sharper positioning, managing partners who desire meaningful and comparative performance metrics, among others.

Enrollment is now open. Check it out!

Disclosure: I am not being compensated for sharing this. God knows I’ve asked.

Thanks for listening!

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If you have questions for Tom or would like to participate, you can reach him at Editor@LitigationConferences.com.

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Tom Hagy
Litigation Enthusiast and
Host of the Emerging Litigation Podcast
LinkedIn

FILED UNDER: Legal Operations + Procedural Law | Technology + AI​​
TAGS: Data Analytics | Legal Tech