Information is the fuel that drives law offices. Yet extracting intelligence out of the massive amounts of raw information aka Big Data now pouring into law offices from court records, emails, text messages, transcripts, Facebook posts, Twitter and other sources requires both careful planning and the help of sophisticated predictive-analytics software.
Predictive analytics draws on a variety of techniques including statistics, modeling, machine learning and data mining to study data and make predictions about future events and trends.
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