The data deep dive

What is the state of data maturity in legal in 2024? If data is the ‘new oil’, how do firms decide who’s responsible for driving their data strategy and fuelling their growth? And how is investment in artificial intelligence and further innovation likely to change the game for all involved? Our April feature story hears from data, technology and innovation leaders about strategic investments at Clyde & Co, Irwin Mitchell, Linklaters and Weightmans.

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We also have practical pointers about using data to drive BD more effectively from Mills & Reeve, perspective on the profession’s mental health challenges from LawCare, the benefits of a socially mobile workforce from Zero Gravity, and Gardner & Co discusses the real effort that must go in to that most bandied about buzzword: collaboration.

And in our other news and views:

• Leaders at Litera put a spotlight on how genAI is helping firms get to the heart of their collective experience, and discuss how having the right tools to power data analytics can help your firm to enhance client relationships.
• Aderant chief technology officer Andy Hoyt shares three critical components to fully exploit a firm’s structured and unstructured data.
• BigHand outlines strategies for safeguarding profitability by unlocking the latent value of financial data.
• Iron Carrot explains how having an effective data governance framework is key to unlocking law firm success.
• Birkett Long chief technology officer David Bennett outlines how Novaplex is elevating the quality both of the firm’s documents and brand consistency.
• Horwich Farrelly chief information officer John Presland describes how ShareDo empowers the firm’s lawyers by enabling efficient case and matter management.
• CMS UK head of knowledge Colin Fisher shares how partnering with Thomson Reuters to develop new genAI capabilities supports the global firm’s plans to forge its future.
• Williams Lea makes the case for why the best place to start implementing AI-powered technology is within your firm’s support functions.

COLLABORATE THE RIGHT WAY

Gardner & Co co-founder Dr Heidi K. Gardner and insights director Csilla Ilkei discuss common barriers to collaborating effectively at law firms — and practical steps for helping leaders to overcome them

BREATHING NEW LIFE INTO LAW FIRM DATA

Barry Solomon, vice president of M&A integration at Litera, puts a spotlight on strategic opportunities for genAI to help get to the heart of legal and business intelligence improvement