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12020 Benchmark Study on the Earnings of Legal Practitioners in Hong Kong Survey Report Willis Towers Watson June 20212Contents 1. Executive Summary of the 2020 Benchmark Study ..........................................................................
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How to fill out global legal department benchmarking

How to fill out global legal department benchmarking
01
Research different benchmarking tools and choose the one that best fits your needs
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Gather data on your legal department's operations, including budget, headcount, and external spend
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Compare your data to industry benchmarks to identify areas for improvement
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Implement changes based on benchmarking results
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Regularly review and update your benchmarking data to track progress over time
Who needs global legal department benchmarking?
01
Legal department heads looking to optimize their department's performance
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Companies seeking to stay competitive in the global market
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Law firms trying to understand market trends and client expectations
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What is global legal department benchmarking?
Global legal department benchmarking is the process of comparing the performance and efficiency of legal departments across different organizations in order to identify best practices and areas for improvement.
Who is required to file global legal department benchmarking?
Legal departments of organizations around the world are typically required to participate in global legal department benchmarking studies.
How to fill out global legal department benchmarking?
Global legal department benchmarking surveys are usually filled out online by legal department personnel, providing data on various metrics and practices within the department.
What is the purpose of global legal department benchmarking?
The purpose of global legal department benchmarking is to help legal departments identify opportunities for improvement, compare their performance to industry benchmarks, and make informed decisions to enhance efficiency and effectiveness.
What information must be reported on global legal department benchmarking?
Information reported on global legal department benchmarking typically includes metrics related to department size, budget, staffing, workload, efficiency, and performance.
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