The State of the Legal Industry: 2024 Prodoscore Data Review
This report presents the findings of our 2024 research on the state of the legal industry. The data was collected and analyzed by Prodoscore’s Data Science team using the ProdoLabs™ platform. The research focused on several key areas, including organizational hierarchy and attrition, productivity trends (both in-office and remote), employee meeting and activity habits, and the impact of employee productivity monitoring (EPM) on productivity.
Research Population
Key Findings
In-Office vs. Remote Productivity Trends
- No Significant Difference: There is no significant difference in productivity levels between in-office and remote employees.
General Productivity Trends
- Productivity Decline: A general decline in productivity was observed from January to April.
- Productivity Increase: An increase in productivity was observed starting in April, which continued through September
Employee Meeting & Activity Habits
Meeting Time:
Employees with above-average productivity spend 20-50% more time in meetings daily.
Active Time:
Employees with above-average productivity are active in cloud tools for close to 6 hours per day on average compared to only 1 hour and 30 minutes for below-average productivity employees.
Work Distribution:
Across the board, employees tend to show a higher concentration of work in the afternoon vs. morning.
The Impact of EPM on Productivity
Prodoscore is a non-invasive and employee-centric data intelligence solution focused on providing visibility into optimal productivity. Prodoscure customers see a boost in productivity within 4 months of implementation that sustains in the following months.
Productivity Increase:
Implementing Prodoscore led to a 17% increase in productivity within four months.
Sustained Increase:
The productivity increase was maintained at 7% over 12 months.
Conclusion
Our research provides valuable insights into the current state of the legal industry. The findings highlight how productivity differs across different types of employees and the role of employee productivity monitoring in driving productivity. The data also suggests that remote work arrangements can be as productive as in-office work, challenging traditional assumptions.
Recommendations
Reconsider Remote Work Policies:
Since there’s no significant productivity difference between in-office and remote employees, leaders should re-evaluate mandatory in-office policies. Flexible or hybrid work arrangements could improve employee satisfaction without harming productivity.
Promote Active Cloud Tool Usage:
Employees with higher productivity spend significantly more time in cloud tools. Leaders should ensure employees have the necessary training and resources to effectively use these tools for collaboration and productivity.
Implement EPM:
Consider implementing employee productivity monitoring software to provide insight into how employees work to make better-informed decisions and rely on objective data to drive success.
Embrace Flexible Work Arrangements:
Offer remote or hybrid work options to attract and retain talent.
Ready to up your game in business productivity and performance metrics?
Get in touch with one of our experts.
