12.29.2017
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12.29.2017
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General News
Geoffrey Vance was quoted in the Law.com* article, “How to Get the Most ROI Out of Legal Analytics,” regarding the growing use of legal analytics and leveraging the results for ROI.
"So many law firms don't necessarily push to use these tools, so they often don't use them at all, or they're just a small part of the total functionality," says Geoffrey Vance, a partner in Perkins Coie's litigation practice and firmwide chair of the e-Discovery Services and Strategy Practice. "But I say, 'Let's use every bit we've already paid for'."
As a result, he says, the ROI will be self-demonstrating. "This is typically established technology that has been proven to make better decisions and will be more efficient every time," he says. "For my firm, in our e-discovery efforts, I can painlessly prove ROI through science, prior cases and studies. If there is a matter, I'll say, give me two days and I'll show you how fast and how much better we can make these decisions and how many mistakes we can catch."
*Subscription based publication.
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