It is premature to cite "rankings" from the ACC Value Index

Posted on November 13, 2009 by Fred Krebs, President

We are pleased with the interest in the ACC Value Index (AVI) since its release last month at the ACC Annual Meeting in Boston. The attention from the media and law firms at this early stage of development reflects the potential value of the AVI to our members. Recent Blog posts and articles, especially those that show “purported ACC law firm rankings,” require clarification:

  • The ACC Value Index is in the early data-gathering stage and it will take time to develop a robust database.
  •  It is premature and inappropriate at this time to cite "rankings" of law firms given the limited number of evaluations submitted thus far.
  • The AVI is a service for ACC members that will enable them to share information and communicate with each other about the selection and retention of law firms.
  • ACC will share with each law firm the evaluations it receives about that firm as soon as we finalize the appropriate formats and procedures.

We welcome the continued input, feedback and engagement of the legal community in the ACC Value Challenge.

ACC President Fred Krebs on the ACC Value Index

Friday, November 13, 2009

 

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