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Innovative Lawyers
Research methodology
From the Financial Times of Wed, 08 Oct 2014 23:06:17 GMT

FT Innovative Lawyers Europe 2014 is a rankings report and awards for Europe-based lawyers. Shortlists for the awards comprise the top-ranked submissions in each section of the report.

The Financial Times and its research partner RSG Consulting have devised a unique methodology to rank lawyers on innovation. Law firms, in-house legal teams and other legal service organisations are invited to submit their innovations. These are then fully researched through telephone interviews. No entry appears in the FT report without a robust client or independent reference. Market experts are also called in to assess the submissions and the research.

Each entry is scored out of 10 points each for originality, rationale and impact, for a maximum score of 30. The entries are then benchmarked against each other to arrive at the final rankings. Lawyers are ranked for delivering exceptional value to business.

The Legal Industry Pioneers and the In-House Lawyers rankings are drawn from nominations as well as submissions, but all entries require third-party validation and commendation.

FT 50: Law Firm Innovators 2014

The FT 50 ranking is a pure aggregate of each law firm’s performance across the private practice categories of the report. The scores are comprised of the following:

• Legal expertise: total score for entries ranked in the Corporate, Finance and Dispute Resolution categories.

• Business of law: total score for entries ranked in the Client Service, Value Resourcing, Corporate Strategy (including International Strategy) and Social Responsibility (including Diversity) categories.

• Total score: total score for entries ranked in all seven categories.

For the FT Innovative Lawyers 2014 report, 628 submissions and nominations were received. RSG Consulting interviewed and sought feedback from more than 550 clients, lawyers and experts to arrive at the final rankings. Submissions were received from 111 law firms, and an additional 44 in-house teams and 101 “legal industry pioneers” were researched to create the European rankings this year. The research was conducted by a team of seven RSG researchers between May and September 2014.

Judges

A panel of judges decides the winner for the Innovative Individual award, from a shortlist of 10. The judges for the individual award in 2014 were:

Michael Skapinker, editor, FT Special Reports

Rohit Jaggi, editor, FT Innovative Lawyers

Caroline Binham, legal correspondent, FT

Bob Gogel, chief executive, Integreon

Ian McNally, director, Saunderson House

Laura Empson, professor of professional service firms, Cass Business School

Nankunda Katangawa, head of international policy, The Law Society of England and Wales

Professor Stephen Mayson

Louise Pentland

Experts

Experts consulted for the report rankings this year were:

Guy Tritton, barrister, Hogarth Chambers

Laurent Sykes, barrister, Gray’s Inn Tax Chambers

Peter Rees QC, 39 Essex Street

Dr Louise Ashley, lecturer, human resource management and organisational behaviour, Kent Business School, University of Kent

George Bull, chair of Professional Practices Group, Baker Tilly

Sriram Prakash, director and global head of M&A insight, Deloitte

Alan Paul, Consultant, APC&C

RSG Consulting

The RSG Consulting research team has more than 20 years’ experience analysing the legal profession. It has a record of devising ranking methodologies for professional services firms. Reena SenGupta, chief executive, helped to launch the FT’s Law & Business page in 2001, and has been a regular writer on the legal profession for the FT for the past 13 years.

The RSG Consulting research team this year comprised:

Reena SenGupta

Yasmin Lambert

Dominic Williams

Laura Ansell

Lucy Pearson

James Wood

Ian Richards



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