Developed in 2000, the BRASSplus provides participants with comprehensive benchmarking information on billing rates by geography, practice group, and a combination of both.
The BRASSplus is released on a biannual basis: the Initial and the Mid-Year Release. Participation is now underway for the Mid-Year Release of the 2016 BRASSplus.
The results are delineated into three distinct benchmarking Reports, targeted to the Firm managers responsible for taking action. Each Report includes summary charts designed to visually present the firm's current and historical position relative to its peers. A description of the metrics included within each of the Report offerings is described here.
Available again this year to participants is the Revenue360 Performance Analytics Dashboard which features key metrics from the Revenue Management Report. The desktop application allows multiple users at the Firm to interactively filter between both historical and current year benchmarks across multiple comparison groups, multiple metrics and multiple attorney groups. Participants in the Mid-Year Release of the Survey will receive the Dashboard at no cost.
New this year is the Talent360 Performance Analytics Dashboard. This new product will be similar in functionality to our Revenue360 Dashboard, but will feature metrics contained within the Talent Management Report. This Dashboard will be complimentary for any Firm that orders the Revenue360 Dashboard and at least one Talent Management Report.
Timing: Submissions for participation in the Mid-Year Release of the BRASSplus are due on September 16, 2016. Results will be distributed on October 5, 2016.
Fees: The cost for receiving Reports from the 2016 Mid-Year BRASS plus includes a base participation fee plus incremental fees for additional Reports or comparison groups ordered. For those firms that participated in the Initial Release of the BRASS plus, the base participation fee is $950. All other BRASS plus participants will receive a base participation fee of $1,950 that includes three comparison groups in any Reporting style for your individual offices or practice groups. A firm does not need to be a member of a comparison group to order it and see their values presented and ranked against the group.
Additional comparison groups will be billed separately and discounts are provided for firms that order more than 10 additional comparison groups.
Key Benefits to Participation: