It's Time to Level Up: Building Analytics Maturity in Legal Organizations
Companies in virtually every industry are making purposeful investments to become more data-driven and to create new digital capabilities. Historically, the legal industry has lagged in this effort. Now, however, progressive law departments and law firms have recognized that the future practice of law will mandate meticulous, targeted data collection, thoughtful analysis of that information, and data-driven, strategic decision-making.
There are significant opportunities in this area. There are also material challenges along the path to success. But it is time for corporate law departments and law firms to build their skills in targeted data collection and creative analysis. With the proper planning, discipline, and practice, legal organizations can capitalize on the tremendous promise that analytics offers to the practice of law.