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Data Literacy: A Critical Skill for Legal Professionals

Colin S. Levy

Data literacy isn’t a buzzword; it’s a fundamental skill set that empowers legal professionals to handle complex challenges like data privacy compliance, AI bias assessment, and contract analytics. Leveraging Litigation Analytics Litigation is data-intensive, and making sense of this data is crucial for managing risks effectively.

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Legal analytics in law firms

Global LegalTech Hub

Data analytics is becoming more important in many industries, and the legal sector is no exception. Simply put, data analytics is the science of examining data in order to make a conclusion about some information. Legal data analytics applies specifically to the business and practice of law.

Analytics 130
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A Look at Client-Side AI-Powered Legal Spend Analytics Tools

Ron Friedmann

This is a live blog post of a Legal Value Network virtual webinar, A Look at Client-Side AI-Powered Legal Spend Analytics Tools. Brad cites four drivers of disruption: Brad: Technology will not take away lawyers’s jobs; it will bring more transparency to pricing, costs, and how lawyers work. What drives disruption?

Analytics 130
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Two Practice Management Companies Combine, As SurePoint Technologies Acquires Coyote Analytics

LawSites

Marking its second acquisition this year, the cloud practice management company SurePoint Technologies has acquired Coyote Analytics , a company that provides practice management, financial management and business intelligence software for law firms. The future is analytical insight driving embedded prediction.”

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OpenText named a Leader and Outperformer in the GigaOm Radar for E-Discovery

OpenText

Lawyers need automation and analytics to identify key facts faster, spot patterns that would be missed manually, and streamline operations and workflows. Legal teams are under increasing pressure to deliver timely and defensible responses to litigation and regulatory demands.

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ChatGPT Suggests Promise, New Possibilities for AI and Machine Learning in CLM Platforms

Law Technology Today

While the public is getting acclimated to flashy advancements in artificial intelligence (AI) and machine learning (ML), these technologies are nothing new to the legal industry. Through in-depth machine learning (ML) of essential cases and precedents, ChatGPT-like tools can even tread into territory reserved for in-house counsel.

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AI in Litigation and Case Management: Transforming the Legal Landscape

Bigfork Tech

Solutions like natural language processing (NLP) and machine learning algorithms help lawyers manage large amounts of information and complex case details efficiently. Predictive Analytics for Case Strategy and Trial Outcomes Predictive analytics represents a game-changer in litigation strategy.