Law firms are thirsty for data that could make them more competitive, but few are using it for proactive, strategic planning, a new survey has found.
Just 8 percent of firms believe their competitive intelligence functions are highly effective, according to a report released Wednesday by legal market intelligence provider Acritas and The Tilt Institute, a strategic consulting firm. The findings were compiled from interviews with 123 individuals at 85 law firms, including Global 100 and Am Law 200 firms.
