Vince Vetri interviewed for Law.com –
Legal analytics is on the upswing: A recent study found that, over the next five years, the market will grow to $1.85 billion — a compound annual rate of 32.7 percent. Clearly, law firms and corporate legal departments are primed and ready to dig into the data, delivering insights that drive positive change and improve their competitive advantage.
Certainly, law firms will have to research and evaluate before purchase in order to maximize any technology investment. But once you’ve gotten the go-ahead and implemented the latest legal analytics tools in e-discovery, case strategy, billing optimization, forecasting or business development, how can you get the biggest bang for your buck from your analytics? And can you move beyond the buzz — toward real ROI that proves you’re saving time and money?