The LPT rule is a heuristic method to distribute jobs among identical machines so as to minimize the makespan of the resulting schedule. If the processing times of the jobs are assumed to be independent identically distributed random variables, then (under a mild condition on the distribution) the absolute error of this heuristic is known to converge to 0 almost surely. In this note we analyse the asymptotic behaviour of the absolute error and its first and higher moments to show that under quite general assumptions the speed of convergence is proportional to appropriate powers of (log log n)/n and 1/n. Thus, we simplify, strengthen and extend earlier results obtained for the uniform and exponential distribution.