Why Law Firms Should Take A Closer Look At Business Intelligence
This new study from Above the Law and Litera explores BI's blockers, upsides, and outlook.
Law firms are facing more financial reporting demands than ever before.
While many consider new avenues to help decode and present financial data, others find the solutions as intimidating as the problem.
This new report, compiled from an Above the Law survey of nearly 300 legal professionals, explores the challenges law firms face on their journey to better BI, including the decision to buy or build, deciding the right KPIs to measure firm and individual performance, tackling adoption, and why law firms have been so slow to integrate BI into their business.
Download it to explore:
- Key challenges, including stakeholder buy-in and KPI selection
- Satisfaction and ROI, including common success metrics and law firm views on their BI systems
- Adoption insights, including unexpected value-adds and reducing law firm workloads
- Future outlook, including top priorities and the impact of AI adoption.