Data-Driven Legal Evolution

Tom Baldwin discusses the legal industry's transformative journey of data integration and AI adoption, the evolution from gut instinct to data-driven decisions, the critical role of data governance, and how law firms are maturing their data practices:

• Firms want to break their data out of silos to see an integrated picture

• Demand for data-driven insights and improved productivity is climbing

• Firms are investing in data scientists, IT, and innovation groups as they realize the potential competitive pressures due to AI

• KM programs are critical for the effective utilization of AI

• Firms must strike the right balance between AI and traditional processes and technologies and acknowledge that AI adoption will take time and involve a gradual transition.