Last updated on October 28, 2020
Hey GC, Does Your Law Firm Know More About Your Litigation Portfolio Than You Do? Now that’s a title! Credit goes to this article published on Legal Business World, which highlights the value of measuring and analyzing legal data regarding litigation and litigation risk.
“Just as it has helped law firms track and anticipate client needs, access to better data through APIs can help GCs manage their litigation as well. Automating data collection can greatly reduce the time legal departments spend locating new cases involving their corporation and slash the need for a substantial workforce to simply acquire and enter data. However, it can also help GCs eliminate costly errors inherent in manual data entry. Bad data leads to bad reporting, which can leave GCs spending endless hours poring over what should be basic reports on their company’s litigation.”