Leveraging Data Classification to Help Risk Management, Analytics, and Intelligence

2023-04-25

Welcome to ILTA’s Risk Management: Data Analytics & Intelligence series. Over the course of this program, we will provide access to experts in the legal industry to discuss challenges of adoption and the benefits of using cloud technologies and Data Analytics to enhance processes, leading to efficiency, cost-savings and secured compliance. We will review the obstacles, challenges and successes of adoption focusing on matter intelligence. How are organizations leveraging data related to client/matter lifecycle to enhance processes, co...

Welcome to ILTA’s Risk Management: Data Analytics & Intelligence series.

Over the course of this program, we will provide access to experts in the legal industry to discuss challenges of adoption and the benefits of using cloud technologies and Data Analytics to enhance processes, leading to efficiency, cost-savings and secured compliance.

We will review the obstacles, challenges and successes of adoption focusing on matter intelligence. How are organizations leveraging data related to client/matter lifecycle to enhance processes, compliance, and security, build relationships (Business Development), and streamline cost saving efforts. Specific topics will include, Artificial Intelligence opportunities, adoption practices, security concerns and compliance.

Questions Elizabeth asked the speakers:

1) What is the biggest challenge your organization faces today as you begin adopting Cloud Technologies and ensuring security compliance across the board?

2) As new Cloud-Based technology is adopted by your organization, describe the security concerns your organization faced, how the organization was able to move forward given the concerns and the impact on people, processes and policy once adopted.

3) What are the specific steps an organization can take to ensure a successful adoption, both from a people and system perspective?

4) Data captured at client/matter inception is used throughout an organization. What were the key factors in joining differing areas | departments (Risk, Business Development, Finance, etc.) to develop a consistent “Master Data” foundation to leverage for reporting and intelligence organization wide?

Moderator:
@Elizabeth Suehr - Director of Legal Risk Systems and Strategy, Jenner & Block

Speakers:

@Damien Riehl - VP, Litigation Workflow and Analytics Content, FastCase

@James Hannigan - Director of Legal Project Management, Coblentz Patch Duffy & Bass, LLP

Recorded on 04-25-2023

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