Browse Definitions :
Definition

legal analytics

Contributor(s): Matthew Haughn

Legal analytics is the application of data analysis methods and technologies within the field of law to improve efficiency, gain insight and realize greater value from available data.

Similar to business analytics (BA) in other sectors, legal analytics are used to yield actionable information that can improve processes and increase efficiency. Legal analytics are implemented to give a law firm a competitive advantage and drive corporate profits.

Analytics applications can be used to mine and aggregate data from past cases to explore the information from various perspectives. Analytics software could be used, for example, to compare patterns in the decisions of judges in particular types of cases or the prevalence of particular types of cases over a given period of time. An analysis of past litigation can be applied to inform strategy in the future.

Advanced analytics tools can be used to predict future events and trends. Legal professionals can use big data analytics, predictive analytics and other advanced tools to conduct informed speculation about the effects of potential changes in business strategies.

Legal analytics are complementary to legal reasoning and not meant replacing it. Legal analytics applications still require judgment about their inputs and intelligent interpretation of their output.

This was last updated in August 2017

Continue Reading About legal analytics

Start the conversation

Send me notifications when other members comment.

Please create a username to comment.

SearchCompliance

  • risk assessment

    Risk assessment is the identification of hazards that could negatively impact an organization's ability to conduct business.

  • PCI DSS (Payment Card Industry Data Security Standard)

    The Payment Card Industry Data Security Standard (PCI DSS) is a widely accepted set of policies and procedures intended to ...

  • risk management

    Risk management is the process of identifying, assessing and controlling threats to an organization's capital and earnings.

SearchSecurity

  • tokenization

    Tokenization is the process of replacing sensitive data with unique identification symbols that retain all the essential ...

  • incident response

    Incident response is an organized approach to addressing and managing the aftermath of a security breach or cyberattack, also ...

  • Federal Information Security Management Act (FISMA)

    The Federal Information Security Management Act (FISMA) is United States legislation that defines a framework of guidelines and ...

SearchHealthIT

SearchDisasterRecovery

  • call tree

    A call tree is a layered hierarchical communication model that is used to notify specific individuals of an event and coordinate ...

  • Disaster Recovery as a Service (DRaaS)

    Disaster recovery as a service (DRaaS) is the replication and hosting of physical or virtual servers by a third party to provide ...

  • cloud disaster recovery (cloud DR)

    Cloud disaster recovery (cloud DR) is a combination of strategies and services intended to back up data, applications and other ...

SearchStorage

Close