Building The Data Driven Law Firm

Author : Shilpa Bhandarkar
Publisher :
ISBN 13 : 9781787429222
Total Pages : 0 pages
Book Rating : 4.29/5 ( download)

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Download or read book Building the Data-Driven Law Firm written by Shilpa Bhandarkar and published by . This book was released on 2022-10-31 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Like so many other professions, law is becoming increasingly influenced by an overwhelming amount of disparate, fragmented and complex data that can both help and hinder business. Data comes from a wealth of different sources, both internal and external, constantly changing, never still. Keeping control of all that data is one challenge; leveraging it to the greater good much harder. Despite the huge amount of data in the average law firm, data-driven decision-making is relatively new and uncharted. With the hugely disruptive changes that have occurred in our ways of working over the last two years, the issue of data is now front and centre. This second edition of Building the Data-Driven Law Firm looks at how the use of data has become inextricably linked with the practice of law; how it can be utilized to the good, and the safeguards that must be put in place to mitigate the bad; how Big Data will revolutionize the way lawyers work, and the cases they will work on; and how new uses for data (including blockchain and the Internet of Things) will influence the law firm of the future. Bringing the book bang up to date, new content features how we can keep data secure in the changing world of work, how data can be used for business development and client satisfaction, the implications of data bias and data theft, and whether the way we use data is even useful anymore.

Author : David Curle
Publisher :
ISBN 13 : 9781787425460
Total Pages : 0 pages
Book Rating : 4.60/5 ( download)

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Download or read book Building the Data-driven Law Firm written by David Curle and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: An in-depth look at how the use of data has become inextricably linked with the practice of law and how it will influence the law firm of the future.

Author : Edward J. Walters
Publisher : CRC Press
ISBN 13 : 0429892063
Total Pages : 280 pages
Book Rating : 4.66/5 ( download)

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Download or read book Data-Driven Law written by Edward J. Walters and published by CRC Press. This book was released on 2018-07-16 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: For increasingly data-savvy clients, lawyers can no longer give "it depends" answers rooted in anecdata. Clients insist that their lawyers justify their reasoning, and with more than a limited set of war stories. The considered judgment of an experienced lawyer is unquestionably valuable. However, on balance, clients would rather have the considered judgment of an experienced lawyer informed by the most relevant information required to answer their questions. Data-Driven Law: Data Analytics and the New Legal Services helps legal professionals meet the challenges posed by a data-driven approach to delivering legal services. Its chapters are written by leading experts who cover such topics as: Mining legal data Computational law Uncovering bias through the use of Big Data Quantifying the quality of legal services Data mining and decision-making Contract analytics and contract standards In addition to providing clients with data-based insight, legal firms can track a matter with data from beginning to end, from the marketing spend through to the type of matter, hours spent, billed, and collected, including metrics on profitability and success. Firms can organize and collect documents after a matter and even automate them for reuse. Data on marketing related to a matter can be an amazing source of insight about which practice areas are most profitable. Data-driven decision-making requires firms to think differently about their workflow. Most firms warehouse their files, never to be seen again after the matter closes. Running a data-driven firm requires lawyers and their teams to treat information about the work as part of the service, and to collect, standardize, and analyze matter data from cradle to grave. More than anything, using data in a law practice requires a different mindset about the value of this information. This book helps legal professionals to develop this data-driven mindset.

Author : Mary Juetten
Publisher : Protect Your Intellectual Property (Pip LLC
ISBN 13 : 9781948046220
Total Pages : 104 pages
Book Rating : 4.29/5 ( download)

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Download or read book The Business of Legal written by Mary Juetten and published by Protect Your Intellectual Property (Pip LLC. This book was released on 2018-09-11 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mary Juetten's second book, The Business of Legal: The Data-Driven Law Practice, draws from her business, accounting, and consulting background to provide advice for lawyers looking to improve their firms. Again written in plain English, with simple case studies, Juetten creates a roadmap for attorneys and other legal technicians use data and process to drive change. In fact, any professional who works with clients can use the approach to create a data-driven successful practice. The Business of Legal explains how lawyers can collect data; analyze processes; and implement change; all required to compete and succeed in today's challenging market. This case study applies to firms of almost all sizes and in any country. From goal setting to identifying problems, the book follows a firm that is trying to improve their new client development process. Juetten explores the client-centric requirement of all services and professions today as an integral part of the successful law practice today. The topics include not only data and profitability but also how to evaluate clients for an ideal financial fit and firm cash management. Accounting principles and the need for tracking time are explored to maximize the impact of that important data. A second case study reviews some of the unique challenges faced by solo who are just starting their firms. Compensation and how a firm should keep track or score of data and metrics are also included. While the laws may differ, the core of business and management is universal. Juetten's book is not just for tech-savvy lawyers. In fact, learn the concepts in this book before trying to solve your problems with technology.

Author : Jack Newton
Publisher : Blue Check Publishing
ISBN 13 : 9781989603321
Total Pages : 314 pages
Book Rating : 4.27/5 ( download)

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Download or read book The Client-Centered Law Firm written by Jack Newton and published by Blue Check Publishing. This book was released on 2020-01-28 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: The legal industry has long been risk averse, but when it comes to adapting to the experience-driven world created by companies like Netflix, Uber, and Airbnb, adherence to the old status quo could be the death knell for today's law firms. In The Client-Centered Law Firm, Clio cofounder Jack Newton offers a clear-eyed and timely look at how providing a client-centered experience and running an efficient, profitable law firm aren't opposing ideas. With this approach, they drive each other. Covering the what, why, and how of running a client-centered practice, with examples from law firms leading this revolution as well as practical strategies for implementation, The Client-Centered Law Firm is a rallying call to unlock the enormous latent demand in the legal market by providing client-centered experiences, improving internal processes, and raising the bottom line.

Author : Christoph Vaagt
Publisher :
ISBN 13 : 9781787423022
Total Pages : 260 pages
Book Rating : 4.26/5 ( download)

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Download or read book Law Firm Strategies for the 21st Century written by Christoph Vaagt and published by . This book was released on 2020-09-30 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the legal landscape becomes increasingly competitive, it is clear that law firms do not always do enough to remain at the top of their game. Firms that have embraced the challenges presented by increased competition are undeniably in a better position than those that have not.This title aims to help partners understand what they can - and what they should not - do to chart the course of their firm most effectively, and covers current topics such as digitalisation and the emergence of new competitors from outside the market. Keeping abreast of market developments is an essential part of law firm management and this edition focuses on helping partners, and their teams, to develop the right strategy.The second edition of this practical title in Globe Law and Business's series on the business of law offers up new ways to think about strategy and how to explore it in the context of a partnership. It includes contributions from leading academics, consultants and law firm partners who share their insights and experience in strategy development and management.Whether you are a managing partner of a small, medium or large law firm, this book offers a variety of viewpoints in a comprehensive single volume. As well as partners and their teams, it will also prove useful for consultants and academics in developing research in this important area.

Author : Ali Tamaseb
Publisher : PublicAffairs
ISBN 13 : 1541768418
Total Pages : 280 pages
Book Rating : 4.13/5 ( download)

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Download or read book Super Founders written by Ali Tamaseb and published by PublicAffairs. This book was released on 2021-05-18 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Super Founders uses a data-driven approach to understand what really differentiates billion-dollar startups from the rest—revealing that nearly everything we thought was true about them is false! Ali Tamaseb has spent thousands of hours manually amassing what may be the largest dataset ever collected on startups, comparing billion-dollar startups with those that failed to become one—30,000 data points on nearly every factor: number of competitors, market size, the founder’s age, his or her university’s ranking, quality of investors, fundraising time, and many, many more. And what he found looked far different than expected. Just to mention a few: Most unicorn founders had no industry experience; There's no disadvantage to being a solo founder or to being a non-technical CEO; Less than 15% went through any kind of accelerator program; Over half had strong competitors when starting--being first to market with an idea does not actually matter. You will also hear the stories of the early days of billion-dollar startups first-hand. The book includes exclusive interviews with the founders/investors of Zoom, Instacart, PayPal, Nest, Github, Flatiron Health, Kite Pharma, Facebook, Stripe, Airbnb, YouTube, LinkedIn, Lyft, DoorDash, Coinbase, and Square, venture capital investors like Elad Gil, Peter Thiel, Alfred Lin from Sequoia Capital and Keith Rabois of Founders Fund, as well as previously untold stories about the early days of ByteDance (TikTok), WhatsApp, Dropbox, Discord, DiDi, Flipkart, Instagram, Careem, Peloton, and SpaceX. Packed with counterintuitive insights and inside stories from people who have built massively successful companies, Super Founders is a paradigm-shifting and actionable guide for entrepreneurs, investors, and anyone interested in what makes a startup successful.

Author : Edward J. Walters
Publisher : CRC Press
ISBN 13 : 0429892071
Total Pages : 215 pages
Book Rating : 4.73/5 ( download)

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Download or read book Data-Driven Law written by Edward J. Walters and published by CRC Press. This book was released on 2018-07-16 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt: For increasingly data-savvy clients, lawyers can no longer give "it depends" answers rooted in anecdata. Clients insist that their lawyers justify their reasoning, and with more than a limited set of war stories. The considered judgment of an experienced lawyer is unquestionably valuable. However, on balance, clients would rather have the considered judgment of an experienced lawyer informed by the most relevant information required to answer their questions. Data-Driven Law: Data Analytics and the New Legal Services helps legal professionals meet the challenges posed by a data-driven approach to delivering legal services. Its chapters are written by leading experts who cover such topics as: Mining legal data Computational law Uncovering bias through the use of Big Data Quantifying the quality of legal services Data mining and decision-making Contract analytics and contract standards In addition to providing clients with data-based insight, legal firms can track a matter with data from beginning to end, from the marketing spend through to the type of matter, hours spent, billed, and collected, including metrics on profitability and success. Firms can organize and collect documents after a matter and even automate them for reuse. Data on marketing related to a matter can be an amazing source of insight about which practice areas are most profitable. Data-driven decision-making requires firms to think differently about their workflow. Most firms warehouse their files, never to be seen again after the matter closes. Running a data-driven firm requires lawyers and their teams to treat information about the work as part of the service, and to collect, standardize, and analyze matter data from cradle to grave. More than anything, using data in a law practice requires a different mindset about the value of this information. This book helps legal professionals to develop this data-driven mindset.

Author : Sarah A. Sutherland
Publisher : Routledge
ISBN 13 : 100053636X
Total Pages : 152 pages
Book Rating : 4.62/5 ( download)

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Download or read book Legal Data and Information in Practice written by Sarah A. Sutherland and published by Routledge. This book was released on 2022-01-31 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: Legal Data and Information in Practice provides readers with an understanding of how to facilitate the acquisition, management, and use of legal data in organizations such as libraries, courts, governments, universities, and start-ups. Presenting a synthesis of information about legal data that will furnish readers with a thorough understanding of the topic, the book also explains why it is becoming crucial that data analysis be integrated into decision-making in the legal space. Legal organizations are looking at how to develop data-driven insights for a variety of purposes and it is, as Sutherland shows, vital that they have the necessary skills to facilitate this work. This book will assist in this endeavour by providing an international perspective on the issues affecting access to legal data and clearly describing methods of obtaining and evaluating it. Sutherland also incorporates advice about how to critically approach data analysis. Legal Data and Information in Practice will be essential reading for those in the law library community who are based in English-speaking countries with a common law tradition. The book will also be useful to those with a general interest in legal data, including students, academics engaged in the study of information science and law.

Author : Esq Daniel P. Lynch
Publisher :
ISBN 13 : 9780997605686
Total Pages : 154 pages
Book Rating : 4.85/5 ( download)

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Download or read book Building a Million Dollar Book of Business written by Esq Daniel P. Lynch and published by . This book was released on 2018-05-10 with total page 154 pages. Available in PDF, EPUB and Kindle. Book excerpt: If you want to build an above-average book of business, this book is a must! Through a disciplined commitment to foundational principles and growth-oriented behaviors, Dan Lynch built a 10-lawyer Firm and a $1 million ++ annual book of business, surpassing the average lawyer by a wide margin. While practicing law and generating business, Dan regularly mentored his associates and articulated these principles and behaviors. He teaches these principles to his four children as well. Then one Monday morning, Dan was blind-sided when five partner-level lawyers of the Firm came into his office and announced, without notice, "We're leaving." This group proceeded to recruit support staff and some of Dan's own clients away from him. The betrayal caused Dan to question the things about life and business that he had believed in and so often articulated. As he debated the answers to these questions and tried to learn from this situation, Dan recruited and hired. He did what he had always done to build a team and build a business. Two years later, The Lynch Law Group had more lawyers, more staff, and more revenue than it did at the time of the betrayal. The Firm was also voted one of the top 100 Best Places to Work by the Pittsburgh Business Times in each of the years following the betrayal. In this book, Dan shares the principles and behaviors he used to build a successful firm, not once, but twice. If you've been looking for a proven guide to build an above-average book of business, you've found it!