Moneyball for Lawyers – What Law Firms Can Learn from Sports Statisticians to Achieve Financial Success
Date: Jul 31, 2025 9:00 a.m. – 11:00 a.m.
Location: Online
Member Price: $143.00
Non-Member Price: $179.00
Section Price: $0.00
Areas of Law: Law Office Management, Solo & Small Firm
Earn up to 2.4 credits! (More Information)
Keynote
Moderator
Presenters
- Jeff Krause, JD
- Senior Consultant, Affinity Consulting & Lawyerist
Moneyball Analytics is based on the book Moneyball, The Art of Winning an Unfair Game by Michael Lewis. The book became the basis for the movie Moneyball, which told the story of the 2002 Oakland A’s. Limited by a small market, competition from a more successful team just across the bay and one of the smallest payrolls in baseball, the A’s nevertheless fielded a team that made the playoffs for two straight years. The A’s accomplished this by making decisions based on data.
Anyone with even a passing interest in baseball knows that it is a game of statistics. Traditional baseball managers and scouts often relied on only a few of them and combined them with hunches and “gut” feelings when evaluating players. The Moneyball concept was different in that it relied almost exclusively on numbers and sought to monetize certain statistics. Moneyball was also different in that it looked at numbers that traditional statisticians overlooked. What can law firms learn from Moneyball and sports statisticians?
Like sports, business has winners and losers. Law firms, like any business, can benefit from keeping score. However, many businesses don’t keep even the simplest scoreboard. Some that do only check the final score when the game is over – Year-End Net Profit, for example. While that is better than not looking at all, the final score happens for a reason. If you want to improve the final score, you need to dig into the details.
Your players are yourself, your attorneys and staff. You expect a certain performance level from everyone. Are you all consistently reaching that level? If not, are you helping your law firm team have fewer losing streaks and improve the lifetime average? Can you spot the streaks early so that a single “player” doesn’t drag down your entire team?
Join Jeff Krause, an attorney and Senior Consultant with Affinity Consulting as he demonstrates how lawyers can use Moneyball analytics to improve their law firm profitability and efficiency. He will show you how to look beyond the obvious profit and loss statements and even productivity reports to track numbers that are better indicators of “winning or losing streaks” so you can build a winning team, develop a winning strategy, and devote more time to the practice of law.
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