Big Data, Big Business: Leveraging Analytics to Strengthen Your Legal Department

In-house counsel should learn the potential benefits of collecting and analyzing data as it relates to the selection of outside counsel, the handling of internal risk and litigation matters, and the management of commercial agreements. In this article, a sample business case outlines the return on investment legal departments can anticipate if in-house counsel increase their data collection methods, as well as solutions for maximizing data on a tight budget.