I am much more a photographer than a filmmaker. Since RAW capabilities and Magic Lantern, filmmaking became much more interesting to me. Always had problems with all those different video formats, roundtrips, dynamic links, proxies.. And after one little project with Canon H.264 I now really appreciate RAW!!
So here is how I do it:
1.) Convert the RAW to DNG
2.) Import DNG in Lightroom, rough corrections, edits
3.) Export very low quality JPEG's out of Lightroom
4.) Import the JPEG's in Premiere as Sequence
5.) Happy editing in Premiere, good performance on the timeline!
6.) If needed, I can go back to LR for some tweaks, just reexport the JPEG's overwriting the originals, Premiere timeline is automatically updated!
When edit is finished, I export all the JPEG's again from Lightroom, only this time in maximum quality. Back to Premiere -> Render!
Works good for me, please let me know what you think and how it could be done even better.
Here's a video of the workflow, sorry it's german
