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6,075 slides across 147 decks match.
Differences in case allocation and management practice and process
misc · 2018 · executive_summary
Differences in case allocation and management practice and process
70% — Finalization type
Staff are concentrated in the major states
misc · 2018 · situation_overview
Staff are concentrated in the major states
The number of final orders remains relatively static
misc · 2018 · data_table
The number of final orders remains relatively static
The number of court events attended by litigants in the FCoA far exceeds the FCC
misc · 2018 · benchmark_peers
The number of court events attended by litigants in the FCoA far exceeds the FCC
45% — Average attendance per final order finalisation
For matters that proceed to trial, the time to trial is growing
misc · 2018 · diagnosis
For matters that proceed to trial, the time to trial is growing
17 months — median time to trial (months)
Accounting for differences in finalisation there still remains a significant difference in judicial output
misc · 2018 · diagnosis
Accounting for differences in finalisation there still remains a significant difference in judicial output
338 — Finalisations per judicial FTE
The effective cost per family law finalisation
misc · 2018 · financial_analysis
The effective cost per family law finalisation
$5,500 — Expenditure per finalisation
The use of three-judge benches appears to have become typical practice
misc · 2018 · industry_trends
The use of three-judge benches appears to have become typical practice
182 — Number of appeals
FCC judges dispose of more matters each year
misc · 2018 · diagnosis
FCC judges dispose of more matters each year
304 — matters disposed per judge
FCC judges sit more frequently and are less likely to reserve judgment
misc · 2018 · diagnosis
FCC judges sit more frequently and are less likely to reserve judgment
150 — sitting days
Implementing family law opportunities
misc · 2018 · framework_2x2
Implementing family law opportunities
Measuring effectiveness and efficiency
misc · 2018 · kpi_dashboard
Measuring effectiveness and efficiency
A potential approach to family law case management
misc · 2018 · process_diagram
A potential approach to family law case management
Impact to litigants (con'd)
misc · 2018 · comparison_table
Impact to litigants (con'd)
$50,000 — Cost reduction
Next steps and requirements for implementation
misc · 2018 · implementation_plan
Next steps and requirements for implementation
How the opportunities were quantified (cont.)
misc · 2018 · impact_sizing
How the opportunities were quantified (cont.)
91 — sitting days
JUST OVER 1 IN 3 RESPONDENTS REPORT HAVING AT LEAST ONE TYPE OF INVESTMENT
misc · 2021 · market_landscape
JUST OVER 1 IN 3 RESPONDENTS REPORT HAVING AT LEAST ONE TYPE OF INVESTMENT
36% — Investment product ownership
OWNERSHIP OF 'TRADITIONAL' INVESTMENT PRODUCTS RISES WITH AGE. ALMOST 1 IN 5 25-34 YEAR OLDS ARE INVESTED IN CRYPTOCURRENCIES
misc · 2021 · market_landscape
OWNERSHIP OF 'TRADITIONAL' INVESTMENT PRODUCTS RISES WITH AGE. ALMOST 1 IN 5 25-34 YEAR OLDS ARE INVESTED IN CRYPTOCURRENCIES
18% — Investment product ownership
AROUND 1 IN 6 RESPONDENTS PLAN TO INVEST IN A NEW FINANCIAL PRODUCT IN THE NEXT YEAR
misc · 2021 · market_landscape
AROUND 1 IN 6 RESPONDENTS PLAN TO INVEST IN A NEW FINANCIAL PRODUCT IN THE NEXT YEAR
16% — Investment intention
ALMOST HALF OF INVESTORS SAY THE NUMBER OF INVESTMENT PRODUCTS THEY OWN HAS INCREASED OVER PAST 5 YEARS
misc · 2021 · market_landscape
ALMOST HALF OF INVESTORS SAY THE NUMBER OF INVESTMENT PRODUCTS THEY OWN HAS INCREASED OVER PAST 5 YEARS
49% — Change in number of investment products
AGE IS A KEY DETERMINANT OF SOURCE OF INFORMATION WITH ONLINE
misc · 2021 · market_landscape
AGE IS A KEY DETERMINANT OF SOURCE OF INFORMATION WITH ONLINE
38% — Percentage of respondents
IN-PERSON MOST POPULAR WAY TO MAKE INVESTMENTS, WITH SIGNIFICANT VARIATION BETWEEN AGE GROUPS
misc · 2021 · market_landscape
IN-PERSON MOST POPULAR WAY TO MAKE INVESTMENTS, WITH SIGNIFICANT VARIATION BETWEEN AGE GROUPS
37% — Investment channel preference
MOST INVESTORS FOCUSSED ON BETTER LONG-TERM RETURNS WITH YOUNGER INVESTORS OPEN TO EXPERIMENTATION
misc · 2021 · market_landscape
MOST INVESTORS FOCUSSED ON BETTER LONG-TERM RETURNS WITH YOUNGER INVESTORS OPEN TO EXPERIMENTATION
79% — investor motivation
HIGH LEVELS OF REPORTED UNDERSTANDING OF INVESTMENT RISKS, BUT MANY INVESTORS SAY THEY DON'T CLOSELY MONITOR INVESTMENT PERFORMANCE
misc · 2021 · key_takeaways
HIGH LEVELS OF REPORTED UNDERSTANDING OF INVESTMENT RISKS, BUT MANY INVESTORS SAY THEY DON'T CLOSELY MONITOR INVESTMENT PERFORMANCE
93% — Percentage of respondents
THE MAJORITY FEEL THAT THERE IS SUFFICIENT INDEPENDENT INVESTMENT INFORMATION AVAILABLE.
misc · 2021 · key_takeaways
THE MAJORITY FEEL THAT THERE IS SUFFICIENT INDEPENDENT INVESTMENT INFORMATION AVAILABLE.
58% — Consumer agreement
There are 27 potential options for the sharing of cost and revenue performance relative to a baseline trajectory. L.E.K. has analysed the building blocks necessary to evaluate all of these, but we have focussed our evaluation summaries on 4 of the options
misc · 2011 · executive_summary
There are 27 potential options for the sharing of cost and revenue performance relative to a baseline trajectory. L.E.K. has analysed the building blocks necessary to evaluate all of these, but we have focussed our evaluation summaries on 4 of the options
Summary of the 4 options for sharing cost and revenue performance relative to a baseline trajectory that have been included in L.E.K.'s evaluation summary
misc · 2011 · executive_summary
Summary of the 4 options for sharing cost and revenue performance relative to a baseline trajectory that have been included in L.E.K.'s evaluation summary
L.E.K. has evaluated a further 4 options for changing incentives which do not (necessarily) involve the sharing of cost or revenue under/outperformance relative to a defined baseline. This results in a total of 8 options
misc · 2011 · strategic_options
L.E.K. has evaluated a further 4 options for changing incentives which do not (necessarily) involve the sharing of cost or revenue under/outperformance relative to a defined baseline. This results in a total of 8 options
L.E.K. has taken into account 13 different criteria in its evaluation of the 8 options
misc · 2011 · framework_other
L.E.K. has taken into account 13 different criteria in its evaluation of the 8 options
L.E.K. has drawn on a number of different sources in its evaluation of the 8 options and has used a 5 point scoring system to help summarise the results of the evaluation process
misc · 2011 · executive_summary
L.E.K. has drawn on a number of different sources in its evaluation of the 8 options and has used a 5 point scoring system to help summarise the results of the evaluation process
Options 3, 7 and 8 appear to be the most attractive in the short term. However, Options 3 and 7 are focussed on the same objective
misc · 2011 · comparison_table
Options 3, 7 and 8 appear to be the most attractive in the short term. However, Options 3 and 7 are focussed on the same objective
Achieving better alignment of incentives should be viewed as a journey. It is important that the industry makes the first steps on that journey imminently in order to set expectations for industry participants
misc · 2011 · executive_summary
Achieving better alignment of incentives should be viewed as a journey. It is important that the industry makes the first steps on that journey imminently in order to set expectations for industry participants
Horizontal separation of Network Rail is an essential enabler of all of the cost and revenue sharing options* (1 of 2)
misc · 2011 · executive_summary
Horizontal separation of Network Rail is an essential enabler of all of the cost and revenue sharing options* (1 of 2)
Horizontal separation of Network Rail is an essential enabler of all of the cost and revenue sharing options* (2 of 2)
misc · 2011 · executive_summary
Horizontal separation of Network Rail is an essential enabler of all of the cost and revenue sharing options* (2 of 2)
Horizontal separation of NR would improve the attractiveness of Option 1, Symmetrical Regional EBS, but some significant issues would remain
misc · 2011 · comparison_table
Horizontal separation of NR would improve the attractiveness of Option 1, Symmetrical Regional EBS, but some significant issues would remain
L.E.K. has concerns that a Regional EBS would not deliver VfM in the short term due to a number of factors such as TOCs' limited ability to influence NR's costs. If a Regional EBS were to be implemented then a phased approach aligned with horizontal separation of NR would be best
misc · 2011 · executive_summary
L.E.K. has concerns that a Regional EBS would not deliver VfM in the short term due to a number of factors such as TOCs' limited ability to influence NR's costs. If a Regional EBS were to be implemented then a phased approach aligned with horizontal separation of NR would be best
Given the uncertainty over whether a Regional EBS would deliver VfM for taxpayers, in might be best to include it as a priced option during franchise bids rather than as the base case
misc · 2011 · recommendation
Given the uncertainty over whether a Regional EBS would deliver VfM for taxpayers, in might be best to include it as a priced option during franchise bids rather than as the base case
The relative attractiveness of an outperformance-only EBS mechanism and a symmetrical mechanism depends on how TOCs would price these two mechanisms, and this is uncertain
misc · 2011 · executive_summary
The relative attractiveness of an outperformance-only EBS mechanism and a symmetrical mechanism depends on how TOCs would price these two mechanisms, and this is uncertain
L.E.K. recommends that funders / ORR promote Option 8, bespoke line-of-sight deals. However, a cultural change is required in order for these to make a significant contribution to improving rail industry VfM
misc · 2011 · recommendation
L.E.K. recommends that funders / ORR promote Option 8, bespoke line-of-sight deals. However, a cultural change is required in order for these to make a significant contribution to improving rail industry VfM
Funders and the ORR would need to do a number of things to facilitate these deals
misc · 2011 · implementation_plan
Funders and the ORR would need to do a number of things to facilitate these deals
Option 8 is a carrot-based option not a stick-based option. Allowing train operators and NR to develop their own approach to bespoke line-of-sight deals would maximise the scope for innovation
misc · 2011 · executive_summary
Option 8 is a carrot-based option not a stick-based option. Allowing train operators and NR to develop their own approach to bespoke line-of-sight deals would maximise the scope for innovation
The ITT provided a list of assumptions that L.E.K. was required to make for the purposes of the cost and revenue sharing study
misc · 2011 · context
The ITT provided a list of assumptions that L.E.K. was required to make for the purposes of the cost and revenue sharing study
Given the practical focus of this study, L.E.K. carried out an extensive programme of stakeholder consultation to understand the views of industry participants
misc · 2011 · context
Given the practical focus of this study, L.E.K. carried out an extensive programme of stakeholder consultation to understand the views of industry participants
There are 27 potential options for the sharing of cost and revenue performance relative to a baseline trajectory. L.E.K. has analysed the building blocks necessary to evaluate all of these, but we have focussed our evaluation summaries on 4 of the options
misc · 2011 · strategic_options
There are 27 potential options for the sharing of cost and revenue performance relative to a baseline trajectory. L.E.K. has analysed the building blocks necessary to evaluate all of these, but we have focussed our evaluation summaries on 4 of the options
Summary of the 4 options for sharing cost and revenue performance relative to a baseline trajectory that have been included in L.E.K.'s evaluation summary
misc · 2011 · comparison_table
Summary of the 4 options for sharing cost and revenue performance relative to a baseline trajectory that have been included in L.E.K.'s evaluation summary
L.E.K. has evaluated a further 4 options for changing incentives which do not (necessarily) involve the sharing of cost or revenue under/outperformance relative to a defined baseline. This results in a total of 8 options
misc · 2011 · strategic_options
L.E.K. has evaluated a further 4 options for changing incentives which do not (necessarily) involve the sharing of cost or revenue under/outperformance relative to a defined baseline. This results in a total of 8 options
The rest of this report is structured in two main sections
misc · 2011 · transition
The rest of this report is structured in two main sections
1 – Scope: The starting point for the “full scope” option is the broadest possible scope of costs and revenues being included in the mechanism. This section then considers which items should be excluded
misc · 2011 · problem_statement
1 – Scope: The starting point for the “full scope” option is the broadest possible scope of costs and revenues being included in the mechanism. This section then considers which items should be excluded
7.1 — GB rail industry cost and revenue
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