The Benchmarking Tool is a new tool to SurePoint’s Business Intelligence (BI) platform–a suite of reports and predictive analytics designed to empower smarter decision-making across law firm leadership, marketing, and business development teams.
The Law Firm Benchmarking Tool gives law firms of all sizes the ability to evaluate their performance against peer firms utilizing SurePoint’s research in key areas such as:
Firms can benchmark themselves against other firms using the SurePoint Law Firm Index, a composite ranking of law firms updated twice weekly, which analyzes the recent changes in the above factors and assigns a score from 0 to 500 to determine the current strength and stability of a law firm.
With the Law Firms Benchmarking Tool, Law firms can track their index changes against their competition (which they get to choose) over the previous 12 months.