Data Visualization for Legal:
Why You Need It and
How To Start
About the Author
Vassili King, MBA is the Pricing Analytics Manager at Bryan Cave,
LLP. He leads an innovative team of information technology
professionals responsible for envisioning and bringing to life
sophisticated systems and tools that enhance and support
the firm's pricing, budgeting, management and optimization
initiatives. Contact Vassili at vassili.king@bryancave.com.
ILTA WHITE PAPER: OCTOBER 2014 WWW.ILTANET.ORG
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Today's legal market is ever-more sophisticated and
complex. The balance of the negotiation power has shifted toward
clients, and the downward pressure on legal fees — paired with
expectations of better services provided — can't be ignored.
Alternative fee arrangements are now a norm, even at large
law firms. More firms are now competing for smaller slices of
the legal pie. Further, the job market for newly minted lawyers
is oversaturated, a situation that is only expected to get worse.
Overall, legal professionals find themselves working more hours
for less pay.
Many law firms and legal departments now see the need to
reinvent themselves and become more efficient (both operationally
and financially) and more proficient in the business of law. The