In the Asian Lawyer, Summer 2012, two lawyers from a Korean firm state that “the size of the Korean legal market is around USD 3 to 3.5 billion. Excluding litigation, the market size of the transaction market may be about USD 1 billion.” Elsewhere I have offered some data on…
New South Wales is Australia’s largest state, population 7.25 million out of 22.4 million in the country, and home to the country’s capital, Sydney. Of the 23,760 solicitors who held current NSW Practising Certificates in 2010, 11.6 % worked in government while 18.2 % worked in corporations. The “2010 Profile…
An article in the J. Empirical Legal Studies, June 2012 at 233, relies on box-and-whisker plots to describe large amounts of its data. Since the whiskers show the minimum and maximum values for a given variable, the authors chose a convention for how to handle “outside values.” “An outside value…
Release 2.0 of the General Counsel Metrics global benchmark survey will go out in early August. It looks set to have more than 500 participating companies, on the way to a thousand this year. A benefit to be introduced with this Release is a collection of 110 of…
During the Iraqi “surge,” the “Army had one lawyer or paralegal for every 240 combatants, and these legal professionals have ever more say over battlefield decisions. That is leaving aside the judge advocates general (or JAGs), who offer guidance on the laws of war.” This amazing quote comes from the…
The Association of Corporate counsel (ACC) collected data in the spring of 2011 and recently made it available in its 2011 Census Report. Based only on promotional material available on ACC’s website, here are my initial thoughts. http://www.acc.com/legalresources/resource.cfm?show=1306363 The ACC collected date during April and May of 2011. The Report…
Tom Kilroy, the General Counsel of a UK company has another role: “For the past three months, I’ve occupied a line management rather than a legal role, as acting Chief Executive Officer of a publicly listed company with 4,200 employees, operating in over 100 countries and making hundreds of millions…
A Google search for “list of US publicly traded companies” turned up a link that referred to a Bloomberg directory with “over 33,000 companies.” The web site of Credit Risk Monitors claims to identify 20,899 public companies in the United States. Credit Risk Monitors also lists about 56,000 non-US companies…
Many of the largest companies in the world are owned in whole or part by a government. In Italy, for example, the government owns substantial stakes in Sace, an insurance group; Simest, a financial institution; Fintecna, a service provider; Eni, an oil company; Enel, a power utility, and Finmeccanica, a…
Having a big dog in the fight, as a compiler of law department benchmarks on staffing and spending, it’s gratifying to find others who struggle against the darkness that devalues management metrics. As more data about processes and outcomes in corporate law departments become available, it will become clear that…