Do We Need Another KM Survey?
A recent Altman Weil Flash Survey of AmLaw 200 Law Firm Management Techniques show less than hopeful plans for knowledge management.
Survey data was collected in July 2005 from AmLaw 200 law firms, with a tad over 30% participating.
Defined as the "systematic acquisition and sharing of information to create [a] learning organization" the results were as follows:
5 firms (8.2% of the respondents) said they have no KM plan in place and do not plan to use in the future.
13 firms (21.3% of the respondents) said they have no KM plan in place, but they plan to implement one in the future
43 firms (70.5% of the respondents) said they do use KM as a management tool.
The respondents were then asked to rate their firms' KM experience.
9.3% of the respondents rated their KM experience as "very successful".
32.6% of the respondents rated their KM experience as "successful".
37.2% of the respondents rated their KM experience as "neutral".
20.9% of the respondents rated their KM experience as "somewhat successful".
0.00% of the respondents rated their KM experience as "not successful at all".
With only 41 % of firms responding positively to KM as a law firm management technique, why we do we continue to pursue it?
