Law is an indispensable aspect of life and there is no counter to it. Whatever activity we perform there is always a set of rules and regulations attached to it. In one way or the other, there exists a predetermined way of functioning for the procedures.
When we go on to categorize laws the legal sector goes on to determine various kinds of laws like contract laws, regulatory laws, prohibition laws, and the list goes on.
In such an aspect where we are literally surrounded by the laws, it gets important for us to understand that maintaining such an order and dealing with the disputes that hence are likely to arise is an inevitable process.
The law industry comprises the mechanisms and processes to deal with such issues, the courts, legal and law firms and even the police can all be considered as the pillars of the law industry. There is a specific function of each of them in the legal setup and even in connecting the states and the citizens via legal processes.
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This technology plays a crucial role. It’s not long ago that the significance of data has been understood pretty well. Data that gets created, the records, the details, etc play a crucial role in giving a wide view of the picture and can generate specific insights if dealt with properly.
Not just the law industry but there are several other industries that are making the use of big data available to them.
Data refers to the stored information and recorded operations which were performed by the computer in various forms, big data can be understood as the same data being present in huge amounts and numbers. This consists of information provided and both humans and the devices.
Big data is the collection of data that is also growing exponentially with time. Big data is so large and complex in its size and storage that it is unable to be deciphered and understood efficiently by the traditional data management tools.
Big data analytics can be used to reveal pre-existing ignored patterns by using analytical understanding and predetermined conclusions are sought after to be able to fetch the desired results and understand and decode the data in terms of existing issues.
When we go back to a time where the courtroom hearings data and the legal documents and paperwork were not connected to any internet. But now as the times have changed we notice that everything is happening online and can be recalled anytime by just a few clicks.
However it is not that huge files and records do not classify themselves as data, technology has made referring and collecting the data way more convenient and this data continues to grow exponentially with the passage of time and activities.
The legal firms can collect the data from the court record rooms, previous contracts paperwork, legal history of any happening, and a lot of other things which are primary documents.
The Law Industry produces the most amount of data in a year and uses it for decision-making primarily and not just this such data then can be used for various purposes by the law firms in the industry to serve their clients in the best way possible with maximum output.
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Let’s have a look at how this big data gets utilized by the law industry.
As things have moved a level up in technology, the scope and the benefits of the things are increasing. They are becoming more and more efficient.
The same is the case with big data, in the law industry, advanced analytics combined with big data have been used to take possible advantages in the courtroom, for the lawyers, for speeding up the process of justice, in legal documentation, client dealing, etc.
The data that is available in the legal industry is not to mention huge, all sorts of data are present in huge amounts and during the procedure as well the new one gets created. In order to use that data, it is important for law and legal firms to correctly collect, store, catalog, and organize all the data so that they can take advantage of all that data at the right time.
This data can help in reducing the costs in a courtroom as the decisions can be made pertaining to the huge data for reference so this provides an opportunity to access the cases based references from anywhere and answer the questions asked in the courtroom with clarity and evidence.
This will help in making the entire process cheaper and will generate completely new insights in the case study based on the former references.
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It is not only the courtroom process that creates big data and needs to study the data hence created. In the legal procedures and hearings, the data collected by other firms and for other purposes can also be used.
When a conviction happens in a court the relevant and related data is presented in the forms of evidence to come to a conclusion and give a just verdict.
The legal procedures have been majorly offline in their working but as they slowly and gradually seek to move online they are being equipped with evidence of the same sort as well. The data by various companies which are under the jurisdiction of the public view can be used as evidence in various hearings.
Telephone companies, insurance companies, hospital bills, hotel bills, etc culminate as part of the evidence in various kinds of hearings. Depending upon their requirement they can be called from the big data collected by these companies and can help in the courtroom judgment of various kinds.
Applications of Big Data in Law Industry
If a client seeks to do a formal registry of a property that has to be legal paperwork and in some cases licensing is required to operate functions smoothly. Not a normal person can have a knowledge of all these things and hence for that, they seek a law expert to get services from them.
There are a lot of legal firms and advocates that do public dealing directly on behalf of huge businesses and corporations so that they can go on to run their business, do property transfer, etc, and other legal functions efficiently without any legal crunch. In this case, big data can help in understanding and curing the former anomalies referring to the previous history and documents of the companies as well as of previous such cases.
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Now let's assume the entire legal machinery gets to work online, this can also enable the verification of the information and documents hence obtained to reduce the chances of any fraud and duplication from the end of the client as well as from the end of the firm.
Be it in the courtroom or in the legal firm itself having big data-based conclusions leave a lot of room for transparency.
There can be clear-cut data made available for the verification and the conclusions hence derived and the verdict can also have a strong argument base and evidence base (even if that needs referencing from the previous similar cases).
The participation of the lawyers, the evidence, and the former property transfers legally can be verified and understood anytime by anyone with legal knowledge.
This helps the firms to create a fair billing tactic for their clients based on their services as well as the data available can help in computing the amount even if they need some specialized services.
Big Data can help the legal firms to understand which kinds of services their clients are seeking majorly and which kind of clients they lack to work inside of their firm to excel themselves in the same field to work with different clients and issues.
Keeping in consideration the data they can fetch from various sources they can optimize their systems for the repeated clients and the client which has not taken one or other service from them.
This can help them in personalizing their experience as well as give them a call for action to take the services that they have not taken previously. This can be done by telephonic calls (as big data also comprises information that is kept including contact info), emails, etc.
Legal advisory firms also work as businesses and in some cases, they operate on their websites.
In this system, they use other analytics tools like artificial intelligence and chatbots which can get insights from their previous works, which will be stored in their data to help the people solve and get the answers to their queries on the website itself.
This will not just culminate into a higher customer conversion but this can be seen as one of the efficient uses of big data.
Legalities are an inevitable part of life however in some cases they are state-owned machinery to solve disputes and in other cases, they are yet another business to help in day-to-day dealing. Big Data Analytics can help this legal system in many ways ranging from bringing forward the evidence to being transparent enough to let the client know how much they are paying for which service.
The more the data will be the more the conclusions can be drawn from it to serve various purposes. The legal sector has been a little reluctant in adopting the entire web-based system due to online scams but yet they have begun to work on understanding the advantages of big data and creating a security system to prevent information of the people from frauds.
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