Products or Presents? Can law firms monetise data?

13 Nov 2019

“One thing is clear, as law firms across the market continue to invest in their data capabilities - when it comes to monetising data, the race is on.” - Andrew Dunkley, head of analytics

Data is the new oil. The question facing law firms is whether they should sell it, give it away or use it to make themselves more efficient. How firms answer this question in the context of their market, as well as their effectiveness in matching investment to their strategic priorities, will be the difference between success and failure in monetising legal data.

BLM’s head of analytics, Andrew Dunkley tells us more about the data that firms have access to, how they can monetise that data and the challenges and opportunities this presents.

Click here to read Andrew’s article in full, which has been published in The Lawyer today.

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Disclaimer: This document does not present a complete or comprehensive statement of the law, nor does it constitute legal advice. It is intended only to highlight issues that may be of interest to customers of BLM. Specialist legal advice should always be sought in any particular case.

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