LegalTech means legal data: How to shop smart for both

To build a more efficient and effective in-house legal team, you need two things: legal data and LegalTech. While legal data will empower your team to make smarter decisions, legal technology enables you to execute faster and more reliably. The two are inextricably linked.

Xakia white paper - for in house legal departments
legaltech software and legal data are linked

LegalTech and legal data are inextricably linked

If you are looking for legal data, the fastest path is through LegalTech. But with a modern legal matter management system, this information is captured in seconds at the start of each project or piece of work, then ready for quick analysis and easy reporting.

Meanwhile, if you are buying LegalTech, you're going to get legal data, even if you’re not looking for it.

 To ignore the insights that lie within legal data, is to fail to maximize the ROI of your LegalTech.

Look for the 4 Cs of legal data

Whether your in house legal software purchase is motivated by a quest for knowledge, or a desire to lighten your load, to get the most from your investment, look for the four Cs of legal data.

bullseye

Collection

The legal matter management software should collect the necessary information in the simplest way possible.

legal analytics software

Collation

The in house legal software will interpret the data through simple, automatic visualization for you.

legal analytics reports

Captaincy

The legal matter management software provides actionable insights to help you make leadership decisions.

configuration of matter management software

Configuration

The legal operations software provides you with options to tailor to your needs if required.

Download the white paper now

LegalTech means legal data: How to shop smart for both

The good news: Your data already exists. It just needs to be collected in a usable way.

The better news: LegalTech stands ready to help.

Complete the form and download the white paper now to learn more.

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