Developed in 2000, the BRASS plus 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 2015 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.
We are introducing a new product offering Revenue360 Performance Analytics. This new Dashboard features key metrics from one of our three Reports - 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 offices and multiple practice groups.
How to participate in the BRASS plus
Data disclaimer & confidentiality
Timing: Submissions for participation in the Mid-Year Release of the BRASSplus are due on September 18, 2015.
Fees: The cost for receiving Reports from the 2015 Mid-Year BRASSplus 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 BRASSplus, the base participation fee is $950. All other BRASSplus 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.
The introductory pricing for the new Revenue360 Performance Analytics Dashboard is based on the number of comparison groups ordered. Participants will be charged a fee of 50% of their total invoice (before tax), with a minimum cost of $1,000 and a maximum cost of $1,950.
New ‘Bundling’ Pricing Option - For those law firms that participate in both the LFSS and the BRASSplus, we are offering a set price option of $25,000 for any number of comparison groups or Report Types available from both Surveys. More specifically, this includes the following:
Key Benefits to Participation: