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Earlier this week, Law360 Pulse released its inaugural Law360 Leaderboard law firm ranking. This completes a trifecta of new surveys developed by Law360 over the past year. The most recent survey highlights what the editors have defined as “well-rounded firms.” The new metric purports to identify firms that excel across a broad range of criteria such as culture, reputation, and business practice.

The Leaderboard combines the scores from the previously released rankings for Social Impact and Prestige. The new score is based on the Practice Footprint law firms have made in the litigation and transactional spaces over a three-year period. Law360 leverage data from Lexis Nexis sister companies Intelligize and Lex Machina. Intelligize data was used to define the size of completed public M&A and registered offering deals. Lex Machina data provided the metrics for Federal
Continue Reading Law360 Pulse Releases Law Firm Leaderboard Rankings

Yesterday I wrote a post which criticized  the methodology used by Law360 Pulse in their newly released Prestige Leaders Survey.  The survey results are a composite score using four criteria (financial, awards, news and desirability) to measure law firms “prestige” ranking. Although I was impressed with their use of sentiment analysis algorithms for assessing positive…

Today, Law360 Pulse  released its new Social Impact Leaders ranking. The new scorecard evaluates law firms on four key indicators of “socially responsible business practices:” racial and ethnic diversity, gender equality, employee engagement and
pro bono service. Ever since The American Lawyer started ranking law firms in 1985 – “profits per partner” has  remained the dominant metric of law firm  success. If rankings drive change – the Social Impact Leaders report could prove to be an important lever of transformation.
The “How Does Your Firm Measure Up” and “Sizing Up Firms’ Pro Bono Work”  reports are publicly available on the Law360 Pulse website.
Key highlights:
  • Covington & Burling, Orrick, WilmerHale, Morrison & Foerster, and Arnold & Porter are the top 5 firms on the Social Impact

Continue Reading Law360 Pulse Ranks Law Firms on Social Impact Leadership