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- Title
Money Minded: A Practical Guide to Using Quantitative Legal Calculation Products to Increase Profitability.
- Authors
Goforth, Caitlin M.
- Abstract
The article discusses the use of quantitative legal calculation (QLC) products by different law firms to increase their profitability. Topics discussed include a new model for procuring legal services, the advantages obtained by law firms through translation of big data into business intelligence, and the three elite products of information service industry that helps law firms such as Thomson Reuters' Peer Monitor, ALM's Legal Intelligence and RivalEdge and TyMetrix's MatterAnalyzer.
- Subjects
BUSINESS intelligence; LEGAL services; LAW firms; BIG data; TYMETRIX Inc.; ONLINE databases; THOMSON Reuters Corp.; ALM Media Properties LLC
- Publication
Campbell Law Review, 2014, Vol 36, Issue 3, p497
- ISSN
0198-8174
- Publication type
Article