Leveraging legal data to its fullest potential within law firms requires having a forward-thinking data strategy that incorporates the right levels of human capital, technical investment, and, obviously, data. While law firms have been gradually moving toward a more data-driven approach to practicing law over the past decade, COVID-19 has abruptly brought into focus the growing necessity for them to have a data strategy in place to remain responsive to their clients’ needs. With the right infrastructure in place, law firms can conduct the data analysis needed to power their business development efforts and stay competitive in the legal marketplace.
In this article, we’ll discuss how law firms can develop a data strategy for building out the human and technical infrastructure needed for meaningful data analysis, as well as important considerations for accessing the data needed to make their practices more efficient and profitable.
Investing in Human Capital
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