|By RealWire News Distribution||
|June 25, 2014 04:00 AM EDT||
Law firm Sutherland Asbill & Brennan LLP is always looking out for ways to improve firm efficiency and data is top of their agenda. With the help of data consultancy Trovus, they are evolving their insights and coming up with new ways to get their Fee Earners and Business Development department on board and engaged.
CIO Bob Dolinsky points out that "harnessing the power of data and analytics to support the firm has to be top priority". Bob feels that "law firms understand why data is important, but only a few have started to invest in that area". "At Sutherland Asbill & Brennan LLP, it was more of an evolution. The firm is always looking at new ways to support the practice- some of that's infrastructure-related, some of that's practice systems-related, and some of it is related to the business and management of the firm. Certainly, harnessing the power of big data and analytics to support the practice has to be pretty high up on the list". For Sutherland Asbill & Brennan LLP, this is where Trovus has a key part to play.
Marketing Technology Manager Stephen DiGennaro agrees adding, "There could be a lack of appetite in big law firms because they don't know that the potential in data analytics exists, so if they knew that the potential was out there, they would definitely have the appetite for it".
Sutherland Asbill & Brennan LLP is constantly coming up with smart ways to educate their Fee Earners around the power of data, as this makes the firm more efficient in supporting its lawyers and in delivering excellent client service.
Trovus gives Sutherland Asbill & Brennan LLP the ability to view key insights around an organization's activity. Stephen notes that "it is critical to follow up with Fee Earners to make sure that the insights are being used in the best possible way. One example would be using Trovus. When using the Trovus insights, there is follow-up on a weekly basis to make sure our business development team understands them and can take action". If there are any gaps in an individual's knowledge regarding their data, Trovus will offer additional support where needed, whether it's via a demo or conference call.
Bob notes that each lawyer's time is limited: "Asking lawyers to sit in a classroom for 2 hours or 4 hours just isn't going to work; they're too busy. One of the big risks firms run when they invest in and roll out technologies is that they don't educate the users as to how to use it". "There's no one size fits all approach; we try to fine tune the training and education to the needs of the user and the particular item that's being rolled out".
As an example, Sutherland Asbill & Brennan LLP recently created a training method akin to the Apple Genius Bar, which they called 'TECH BYTES.' "We set up a conference room in one of our offices with stations where lawyers could come in and get training on bits of technology that we thought would be of interest to them. We made a commitment not to spend more than 5 minutes on each topic. In 2 hours, we had 25 partners turn up. It was a huge success".
At Sutherland Asbill & Brennan LLP, as with most law firms, it is vital to get the board and the business users on board. Bob shares the stages they go through to achieve this. "In general on any project we undertake, we identify our success factors, risks, types of impact and so on. For every one of our projects we have a pretty formal and successful methodology. Before any project is undertaken, we develop a project charter, identify stakeholders and get them on board, and we identify the objectives of the project and get agreement on them".
When getting internal buy-in at Sutherland Asbill & Brennan LLP, as Bob points out, data is vital. "Law firms always appreciate data that backs up a recommended approach and reinforces returns - this is what the Trovus insights do for us".
Stephen and Bob added that they're always on the lookout for new technologies, and are working with Trovus to see what new reporting they are likely to need as market and internal needs at Sutherland Asbill & Brennan LLP evolve. Stephen notes, "We're looking at stuff that is being developed in the industry, we're putting it on our radar, and we're watching how it's being developed. Because the solution that's out there today might not be the best but we see the potential, and therefore want to see further R&D go into it and then see how it develops".
To read the full interview, go to: www.trovus.co.uk/blog/sutherlandcasestudy
About Sutherland Asbill & Brennan LLP:
Sutherland is an international legal service provider composed of associated legal practices that are separate entities, doing business in the U.S. as Sutherland Asbill & Brennan LLP and as Arbis Sutherland LLP in London and Geneva. More than 435 lawyers help the world's largest companies, industry leaders, sector innovators and business entrepreneurs solve their biggest challenges and reach their business goals. Seven major practice areas-corporate, energy and environmental, financial services, intellectual property, litigation, real estate and tax-provide the framework for an extensive range of focus areas.
Trovus are an Award Winning Managed Service Provider in Business Analytics working only with ambitious leaders from leading B2B firms such as Cisco, 3M, Freshfields, Deloitte, Microsoft and Eversheds. Trovus enables ambitious leaders and decision makers to generate growth by rapidly accessing insight based on data that exists inside their business, without integrating systems. Trovus can produce results even if you know that you have poor data management and collection. With this strategy, Trovus have helped companies increase revenues by as much as 25% over sustained periods.
For more information please contact Emma Creagh on 020 7582 5022 or at [email protected]
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