Business Intelligence (BI), a technology-driven process that leverages data analysis to help corporate strategy and decision-making, is a critical contributor to a law firm’s operational success. How a firm manages BI – whether through a rudimentary system of individual tracking like, “Bob has a spreadsheet,” or an optimized solution offering instant access to well-steered KPIs – comes with a significant impact. This was highlighted in a recent report by Above the Law.
As the old adage puts it, “What gets tracked gets done”. Nevertheless, the approaches to recording BI-related metrics across law firms appear to range broadly, creating a landscape that is as varied as it is intriguing.
Grasping a clear picture of this dynamic field is beneficial for industry practices. To that end, an ongoing survey is being undertaken to understand how different law firms manage their BI practices. Participation in this anonymous survey not only aids in shaping a comprehensive industry overview but also offers participants the opportunity to win a $250 gift card.
To take part in shaping this vital understanding of Business Intelligence practices and stand a chance to win a gift card, please take a moment to participate in the survey by following the link.