FROMTHEEXPERTS
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By Kim Gomlak , MBA & Kelly Anthony , Esq .
TIPS FOR MANAGING LAW FIRM DATA
DATA : the ever-present concept that increasingly seems to govern businesses across every industry and discipline , including the legal profession . In the last decade , data has become more critical to operations and decisions and to the success of legal practices than was historically the case .
Specifically , structured data — quantitative , in the form of spreadsheets — and unstructured data — qualitative in nature — both play a substantial role in the business of many firms and bringing the two together can provide a significant competitive advantage . Front of mind for law practices is the valuable , unstructured data that ’ s pertinent to your client files — helping you gather information and evidence to build each case — and structured data , such as your law firm budget , advertising expenditures , billing and accounting information . Both types of data contribute to your firm as a whole , and their management plays an integral role in the success of your practice .
20 x The Trial Lawyer