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The Data-Driven Law Firm: The Next Frontier
The next generation of elite law firms may have little in common with today's leading global providers of legal services. Whereas historically top-performing law firms combine stellar talent with marquee clients, brand reputation and client-focused excellence to rise to the top, future leading law firms are equally likely to rise to power using a distinctly different recipe: namely, a mixture of market savvy, strategic agility and operational effectiveness powered by data.
The notion of harnessing the power of data is not a new one. Pundits across sectors have been touting the utility of big data and artificial intelligence for more than a decade. Yet few companies — in any industry — have been able to truly transform data into competitive advantage. The primary obstacle? A noteworthy 93% of companies reported people and process are standing in their way, according to a NewVantage survey of C-suite executives as reported in Harvard Business Review.
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Bankruptcy Sales: Finding a Diamond In the Rough
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Protecting Innovation in the Cyber World from Patent Trolls
With trillions of dollars to keep watch over, the last thing we need is the distraction of costly litigation brought on by patent assertion entities (PAEs or "patent trolls"), companies that don't make any products but instead seek royalties by asserting their patents against those who do make products.