Big data analysis has become increasingly important to lawyers. It is not just confined to areas like electronic-discovery, predictive coding or technology-assisted review. The volume and complexity of data mean increasing challenges for companies involved in litigation.
For instance, attorneys are finding that big data analysis can be useful in economic and financial issues. Here is one practical example: If two companies are merging, there often needs to be an analysis of transaction databases. These databases need to be analyzed by economists to draw conclusions about competition in the sector, as well as the relevant market, according to Mike DeCesaris, a principal and director at Cornerstone Research who leads the firm’s data analytics practice.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
