Each week, the Law.com Barometer newsletter, powered by the ALM Global Newsroom and Legalweek(year) 2021, brings you the trends, disruptions and shifts our reporters and editors are tracking through coverage spanning every beat and region across the ALM Global Newsroom. The micro-topic coverage will not only help you navigate the changing legal landscape, but also prepare you to discuss these shifts with thousands of legal leaders at the new year-long virtual series Legalweek(year). Click here to learn more and register for the most important virtual legal event of the year!
The Shift: Want to Solidify Legal’s Value to the Company? Embrace Data
The language of business is numbers. Finance, marketing, and sales leaders live in a quantitative world. Because of that, they can share metrics-driven evaluations of their performance. General counsel who want to be recognized as integral business partners also need to embrace metrics and data science to objectively measure their productivity and showcase their value to the wider organization. By leveraging existing data and deriving actionable insights from that data, GCs can better translate their value to the rest of the business. In addition, by utilizing data, they can also gain more insight into their legal spend, make more strategic decisions and better manage costs.
