Editor’s notice: First in a collection.
The Litera Basis information administration platform doesn’t simply have prospects. It has innovators — legislation corporations regularly utilizing the system in new methods to reinforce consumer worth.
These ground-breaking corporations have been not too long ago honored in Litera’s inaugural Foundation Innovation Awards, which acknowledged the artistic methods corporations are utilizing this highly effective instrument.
Basis’s simplicity and flexibility are on the core of those awards, which spotlight the limitless use circumstances Basis prospects are placing into apply.
Right here, we take a look at a use case from one finalist agency.
A Virtuous Cycle
If a authorized tech answer has a excessive diploma of adaptability, prospects can begin small and regularly safe buy-in and growth. Preliminary wins create a virtuous cycle, the place success results in development, and this development results in extra success.
A Cleary Gottlieb staff that features members of its Information Administration and Enterprise Growth teams has carried out such a cycle at that agency.
“Establishing oversight of our program throughout the agency’s world footprint was our largest hurdle,” mentioned Jeannine Zito, the agency’s Senior Supervisor of Information Options. “We would have liked analytics to indicate us who must be concerned and when, what methods have been working, and the place we had gaps. Basis helped us outline the precise information to measure our success, and that visibility created momentum for growth.”
The Cleary staff launched Basis in 2020 throughout 5 apply areas, establishing a core infrastructure. From the launch onward, the sorts of information tracked continued to develop, and the agency’s reporting ideas continued to evolve.
Quickly, the staff launched information visualization and different insights. Then the Cleary staff used the system to supply “Well being Experiences,” which offer high-level metrics for agency management.
After the Well being Experiences have been reside for a yr, they’d adequate information for longitudinal comparisons, revealing tendencies and additional supporting data-driven decision-making. Now, the agency is incorporating consumer suggestions and redesigning its stories to deal with ever-more refined strategic targets.
Establishing measurable metrics to watch program well being whereas figuring out areas for enchancment — together with implementing real-time monitoring of profile completion and information high quality — have been areas of emphasis all through the initiative at Cleary.
The necessity to observe when information was entered was significantly impactful, as a result of it ensured that stakeholders regularly up to date Basis. The ensuing high-quality information, in flip, could possibly be utilized by agency management to information decision-making concerning agency operations and different areas.
Right now, the fruits of this analytics initiative are evident all through the agency.
The Basis initiative has introduced environment friendly information sharing and intelligence-focused enterprise growth, made doable by improved entry to precedents and insights throughout apply areas. These insights additionally allow evidence-based efficiency measurement.
The framework’s success demonstrates how expertise can remodel conventional authorized operations into analytics-based, strategic initiatives.
And by demonstrating clear ROI to legislation agency management all through the initiative, the Cleary staff has ensured that this program will proceed to develop and develop much more impactful and complicated within the years to return.
With so many distinctive use-cases for Basis, it’s no surprise to see why it has such innovators. If you want to be taught extra about Basis and discover the way it may assist your agency remodel your expertise, pricing, and different precedent information, connect with the Litera team to request an in depth evaluation of your advertising and marketing tech-stack!
This and different use circumstances will type the premise of a enterprise of legislation eBook this yr. You may pre-register on your copy by filling out the shape beneath.
