Data analytics is a high or medium priority for almost 60 percent of corporate counsel offices, according to a new survey of legal operations directors.
At the same time, data analysis within corporate law departments will be getting more complex in the coming years, according to HBR Consulting’s Law Department Analytics Survey Report, released May 21.
This prioritization of analytics shows how quickly corporate law departments have decided to mine data to reduce outside spend, and streamline and improve operations, said Andrew Baker, senior director for HBR, a legal industry consultancy.
Five years ago, the term data analytics “wasn’t ...