The buzz about legal analytics is audible: As a market, it’s projected to grow from an estimated $451 million in 2017 to $1.85 billion by 2022 as more firms and corporate counsel explore the possibilities, invest in tools and experiment with use cases to see how data mining can help their practice and business.
But what’s the story behind today’s legal analytics trend — and how will it play out in 2018 and beyond? The reality, say experts, is complex and diverse. And while legal professionals are beginning to see how data analytics can help them gain a competitive edge, the technology is still in its infancy.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
