Technology advances in both law and the wider world will mean greater reliance on analytics in legal technology.
Big data is just getting, well, bigger. And while legal technology’s progress has been slow in relation to technology changes in the wider world, legal professionals are increasingly turning to one technique to handle emerging big data challenges of the day.
That approach is data analytics—a practice in which data is extracted for categorization and analysis by a variety of techniques and tools. And just as there is a seemingly endless amount of data, there are seemingly endless ways analytics can be applied. Here are some cases where legal professionals are already beginning to employ analytics:
1. Early Case Assessment
In these technology-driven times, early case assessment (ECA) has become something of an afterthought, yet with e-discovery costs skyrocketing alongside data proliferation, the practice may soon reinstate its place in the practice of law.
