X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Technology-Law

The business platitude “data is the new oil” has proven its worth in spades over the last decade. The country’s biggest companies, groups like Google, Facebook and Amazon, trade primarily in data; organizations across industries have invested heavily in business analytics, developers and analysts; and “data scientist” roles have become some of the most lucrative jobs on the market. Yet law firms, for the most part, haven’t quite caught up.

But that might be changing. A growing number of law firms are attempting to navigate the Big Data age by appointing data “leaders” under a few different titles—chief data scientist, head of data analytics and chief innovation officer, to name a few. As the variance in names may indicate, the industry is still fairly new to data work, leaving law firm data science leaders with a tall task: figuring out how to make law firm data valuable and profitable, and doing it quickly enough to keep pace with the business community.

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at [email protected]

Gabrielle Orum Hernández

Gabrielle Orum Hernández is a reporter with Legaltech News and the Daily Report covering legal technology startups and vendors. She can be reached by email at [email protected], or on Twitter at @GMOrumHernandez.

More from this author

 

The Competitive Landscape is Changing

Where are competitors expanding? What practices are growing or shrinking, and where? Get the latest reports on lateral moves, liftouts, promotions, and more by accessing ALM's Legal Compass. Don't have a subscription? Click to get a free trial.

Get More Information
 

General Counsel Summit (GCS) 2020Event

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.

Get More Information
 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.