The Sherlock Syndrome: Strategic Success through Big Data and the Darwinian Disruption

This report explains what data analytics offers businesses and law firms. Using Sherlock Holmes’ exceptional skills in data analysis as a metaphor, as well as drawing on the Darwinian theory of evolution, the report outlines how law firms can integrate data analysis into their overall business and client strategies. 

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Description

This report explains what data analytics offers businesses and law firms. Using Sherlock Holmes' exceptional skills in data analysis as a metaphor, as well as drawing on the Darwinian theory of evolution, the report outlines how law firms can integrate data analysis into their overall business and client strategies to increase profitability, offer more competitive pricing, develop collaborative and time-saving efficiencies, and predict future trends.

87% of enterprises believe that big data analytics will redefine the competitive business landscape within the next three years (Accenture, 2014). The legal industry is no different.

This report equips law firm and business leaders with the tools necessary to adapt to market changes and, in doing so, remain competitive, survive, and thrive in an evolving legal market.

This report will enable you to:

• Understand the impacts of big data analytics on strategic pricing, processes, and change management

• Assess how big data affects our perceptions of privacy

• Seize the opportunities (in terms of cross referencing and analysis) and combat the threats (in terms of data security) associated with big data and predictive analytics

• Formulate your own strategies using the methods outlined to analyse, predict, and realise profitable steps forward.

Contents

Chapter 1: The Sherlock syndrome and the Darwinian data disruption

Chapter 2: Exploring the Snowden effect

Chapter 3: Big data and Tinder – Speed dating through volume, variety, and velocity

Chapter 4: Social consumerism – Do we take the red pill or the blue pill?

Chapter 5: Spherical posture, positioning, and timing

Chapter 6: Harmony and analytics – Building the predictive organization

Chapter 7: Reinvention, Leonardo Da Vinci, and the Oracle

Chapter 8: Space age integration, predicting the predictive, and “there is no spoon”

 

Check our Executive Summary and full table of contents here

Authors

Eric Hunter
Eric Hunter is the director of knowledge, technology & innovation strategies at Bradford & Barthel, LLP, executive director of Spherical Models, LLC, and a legal industry futurist. Eric leads the spherical models team focusing on spherical business innovations, models, and process workflow leveraging big data, strategic pricing, predictive, futurism, social, and collaborative solutions. Eric is constantly looking to leverage innovation solutions to enhance client service interaction while driving business optimization solutions internally. Eric speaks and writes on futurism, competitive strategy, evolving business models, process evolutions, big data, strategic pricing, predictive analytics, and collaborative cloud solutions globally and is the recipient of ILTA’s 2010 ‘Knowledge Management Champion’ Distinguished Peer and ILTA’s 2010 ‘Innovative Member’ awards. Eric is on the editorial board for Managing Partner. Follow Eric on twitter.  

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