Sky Analytics founder and Chairman, Ronald Gruner, recently participated in the Law Tech Camp in London on June 29th. As a featured speaker, Ron gave a "Pecha Kucha" style presentation, which is a six minute, fast-moving speech. Ron's presentation titled "The Legal Client: Trials, Tribulations and Future Expectation" focused on how data and analytics will be a key driving force in the legal industry in years to come.
2. It all started with a lawsuit my
company filed in 2004...
3. Let’s just say our
lawsuit did not
meet its budget
estimates.
$2,443,068
$500,000
Original Estimate Final Cost
4. $121,000 for 12 hours mediation
$545,000 for 104 court pleadings
$970,000 for 2 expert reports
$28,102 Spent for
photocopies, a stack of
paper 94 feet high at ten
cents a copy.
Me
5. In the future, clients will demand
better tools for managing their legal
costs.
“The best way to
predict the future is
to invent it.”
Alan Kay
16. Legal metrics will draw from many under
utilized data sources.
Billing Data Public Client
Sources Satisfaction
17. Legal metrics will deconstruct,
compare and manage even complex
matters.
Research
Conferences
Discovery
Depositions
Pleadings
Mediation
Experts
Humongous Lawsuit
18. Legal Metrics will be assumed by
future clients.
Who calls their broker anymore
for a stock quote?
19. Legal Metrics will replace tag
lines with measurable results.
Driving business advantage.
The confidence to proceed.
Deep relationships. Forward thinking.
Singular focus. Outstanding results.
Top of mind.
Blah Blah Blah.
20. Legal Metrics are inevitable...
Will you Innovate,
Procrastinate or
Resist?
