Legal "big data" is not the next big thing - it's the "now" big thing for law firms, legal vendors, and corporate legal departments. This moderated panel will discuss how a growing number of law firms are initiating big data projects - some of them focused on legal spend analytics, competitive intelligence, and predicting future growth/revenue; some of them launched on the practice side to help increase attorney "win rates" with better information and actionable intelligence. In all scenarios, it's about leveraging data (big or small).
Upon completion of this session, you will be able to:
- Develop a deeper understanding of big data's current and future role in the legal profession
- Acquire a list of tools and resources that can serve as big data 'kickstarters'
- Discuss best practices and guidelines for executing a big data project
Skill Level: Management/Strategic
Education Track: Legal & Compliance
Estimated time of completion: 1.5 hour
ICRM Maintenance Credits: 1.5 credits pre-approved
IGP Maintenance Credits: 1.0 IT credits pre-approved