Data has become a major asset in the world today and firms have no shortage.
While data analytics plays an increasingly important role in law firm operations, its process maturity remains in the early stages. That’s good news for legal industry risk-takers, as first movers will undoubtedly see a competitive advantage. Of course, risk-taking is not in the DNA of the vast majority of law firms, but data analytics will help them take better-informed risks.
A recent survey between Intapp and Law Vision examines the maturity of the current market and while the early movers have already made a foothold.