Free US Law Dictionary
BETA
Benchmarking
Benchmarking (also "best practice benchmarking" or "process benchmarking") is a process used in management and particularly strategic management, in which organizations evaluate various aspects of their processes in relation to best practice, usually within their own sector. This then allows organizations to develop plans on how to adopt such best practice, usually with the aim of increasing some aspect of performance. Benchmarking may be a one-off event, but is often treated as a continuous process in which organizations continually seek to challenge their practices.
Benchmarking in simple is the process where you compare your process with that of a better process and try to improve the standard of the process you follow to improve quality of the system, product, services etc.
A process similar to benchmarking is also used in technical product testing and in land surveying. See the article benchmark for these applications.
Benchmarking law against other staff departments in a company
If a company tracks total spending by staff functions ? IT, Facilities, HR, and Finance ? as a percentage of revenue, then each function can show relative performance over time as a benchmark against the other functions (See my posts...
Thoughts on benchmarking other than about individual metrics
This blog has at least a dozen posts on specific benchmarks for law departments. I will eventually compile and publish that metapost...
Fixed fee for a law department?s benchmarking project! ? Part 1 of 4
My aim has always been to keep marketing out of this blog, so I down-play the fact that I am without doubt the universe?s absolutely greatest consultant to general counsel...
EMEA benchmarking data and four comparisons to US benchmark numbers
2009 Business Social Media Benchmarking Study
2009 Business Social Media Benchmarking Study "was designed to assess current trends in the use of social media in North...
Henderson on Benchmarking Law School Performance: Why Law Professors and Deans Should Care
Bill Henderson (Indiana) has a detailed, thoughful post on Benchmarking Law School Performance: Why Law Professors and Deans Should Care: For those law faculty who would dismiss such detailed market intel in favor of their own vision of a great...
















