New metric to measure attorney peformance announced

In-house lawyers can breathe a sigh of relief, as a new measure to track and compare attorney performance is focused on their law firm counterparts. The new “Relative Performance Measure” was announced by Thomson Reuters, and may soon be adopted by outside counsel looking to overcome sagging productivity.

Based on the methodology being utilized and the data being tracked, it does not appear likely that the new measure will be extended to the in-house world. While this may seem comforting, in-house counsel are already under the microscopes of their business and financial colleagues on a daily basis, and valuations of in-house attorney performance are often calculated objectively and subjectively in real-time.