10 Tips for Effective Outside Counsel Scorecards

Creating an effective outside counsel scorecard requires careful consideration of several key factors. Here are 10 tips to help you get started, from defining clear objectives to using data to inform your evaluation.

Save 90% on your legal bills

10 Tips for Effective Outside Counsel Scorecards

When it comes to managing outside counsel, a scorecard can be a powerful tool for evaluating their performance and ensuring they meet your expectations. But creating an effective scorecard requires careful consideration of several key factors. Here are 10 tips to help you get started:

1. Define Clear Objectives

A scorecard is only as good as the objectives it's based on. Make sure you define clear, measurable goals for your outside counsel, and ensure they understand what's expected of them.

2. Identify Key Performance Indicators (KPIs)

What metrics will you use to evaluate your outside counsel's performance? Identify the most important KPIs for your organization, and make sure they're relevant to the work being done.

3. Use a Standardized Template

To ensure consistency and ease of use, consider using a standardized template for your scorecard. This will help you compare performance across different matters and counsel.

4. Focus on Outcomes, Not Just Activities

Don't just evaluate your outside counsel on the number of hours they work or the number of tasks they complete. Focus on the outcomes they achieve, such as successful case resolutions or cost savings.

5. Use Data to Inform Your Evaluation

Don't rely solely on anecdotal evidence or personal opinions. Use data to inform your evaluation of your outside counsel's performance, such as metrics on case outcomes, costs, and timelines.

6. Provide Regular Feedback

Regular feedback is crucial for helping your outside counsel improve their performance. Provide constructive feedback that's specific, timely, and actionable, and encourage them to do the same.

7. Use Technology to Streamline the Process

Consider using technology to streamline the scorecard process, such as online templates or project management tools. This will help you save time and reduce errors.

8. Involve Multiple Stakeholders

Don't just rely on one person's opinion when evaluating your outside counsel's performance. Involve multiple stakeholders, such as in-house counsel, business leaders, and other relevant parties.

9. Review and Revise Regularly

Don't set it and forget it Your scorecard should be a living document that's reviewed and revised regularly to ensure it remains relevant and effective.

10. Communicate Clearly

Finally, communicate clearly with your outside counsel about your expectations and the scorecard process. Make sure they understand what's expected of them and how they'll be evaluated.

Legal help, anytime and anywhere

Join launch list and get access to Cimphony for a discounted early bird price, Cimphony goes live in 7 days
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Unlimited all-inclusive to achieve maximum returns
$399
$299
one time lifetime price
Access to all contract drafting
Unlimited user accounts
Unlimited contract analyze, review
Access to all editing blocks
e-Sign within seconds
Start 14 Days Free Trial
For a small company that wants to show what it's worth.
$29
$19
Per User / Per month
10 contracts drafting
5 User accounts
3 contracts analyze, review
Access to all editing blocks
e-Sign within seconds
Start 14 Days Free Trial
Free start for your project on our platform.
$19
$9
Per User / Per Month
1 contract draft
1 User account
3 contracts analyze, review
Access to all editing blocks
e-Sign within seconds
Start 14 Days Free Trial
Lifetime unlimited
Unlimited all-inclusive to achieve maximum returns
$999
$699
one time lifetime price

6 plans remaining at this price
Access to all legal document creation
Unlimited user accounts
Unlimited document analyze, review
Access to all editing blocks
e-Sign within seconds
Start 14 Days Free Trial
Monthly
For a company that wants to show what it's worth.
$99
$79
Per User / Per month
10 document drafting
5 User accounts
3 document analyze, review
Access to all editing blocks
e-Sign within seconds
Start 14 Days Free Trial
Base
Business owners starting on our platform.
$69
$49
Per User / Per Month
1 document draft
1 User account
3 document analyze, review
Access to all editing blocks
e-Sign within seconds
Start 14 Days Free Trial

Save 90% on your legal bills

Start Today