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You are viewing ARCHIVED CONTENT released online between 1 April 2010 and 24 August 2018 or content that has been selectively archived and is no longer active. Content in this archive is NOT UPDATED, and links may not function.Extract from article by Jim Duffy, Esq.
As organizations look to reduce legal spend, vendors have begun to develop additional analytic tools to increase the overall efficiency with which legal tasks use analytics to improve legal research tasks, to improve efficiency during eDiscovery tasks, and to identify how to most efficiently allocate tasks within a legal department or law firm. As legal teams across the legal landscape look to do more with less, vendors have responded by developing tools to allow firms and in-house departments to act more efficiently and deliver better work product for lower cost.
The question that each of these vendors are edging toward is what constitutes effective legal representation. If the question presented is relatively straightforward, or if all of the possible firms have relatively similar levels of experience, then the perhaps the most effective legal representation will be the one that can complete the legal tasks at the lowest price point. But if there is a novel question at issue, then perhaps it is more important that the organization retain the counsel with the most experience within the field.
Read the complete article at Using Big Data to Improve Legal Representation