Kevin and I read with great interest the above report that Denton’s has decided to take a stand and will no longer report its average profits per equity partner (PPP), stating that the number is meaningless and has the potential to damage client relations. Not surprisingly, American Lawyer editor-in-chief Kim Kleman stated that PPP is an important metric they will continue to track.
This story got us both to thinking about what are the metrics the legal profession should be tracking to gauge the health of the profession and of our overall legal system. After diving into a discussion about PPP and its usefulness or lack thereof, our conversation turned (of all places) to global climate change. Continue reading