Module 3: Legal Data Analytics
Understand how to track and use legal work data to make informed decisions. Learn how to improve the visibility of your workload, where to focus attention and how to demonstrate value.
Introduction & what you will learn in this module
4 kinds of data analytics
FREE PREVIEWStructured vs unstructured data
Why are legal data analytics important?
Benefits of legal data analytics
What sort of things should we collect & analyse data about?
How to collect and analyse data
Why collect data?
What sort of data?
Collecting existing data
Collecting new data
How much data do you need?
How much data cleaning or manipulation is required?
How often to collect data
How do we analyse data?
Benchmarking current state and establishing performance metrics
Who should reports be shared with?
How often should reports be shared?
Making reports as useful as possible
Responding to data insights
Ongoing management of data analytics
Legal service delivery metrics
Legal financial management metrics
Legal team management metrics
Document management metrics
Compliance management metrics
Dispute management metrics
Legal vendor management metrics
Legal training & development metrics
Contract management metrics
Legal matter management metrics
Legal knowledge management metrics
Business case/ROI metrics
Summary of important points to remember