It’s likely that for the 56% who are not reporting at all, there is a measure of “we’ve always done it this way” or “I have a good relationship with my CEO.” This type of approach is quickly falling by the wayside in favor of data driven decision-making. Providing legal reports to your stakeholders is an important opportunity to spot trends, identify gaps, maximize resourcing and to demonstrate the enormous value delivered by your legal team.
The market is advancing quickly and the appetite for legal data is growing. You hear the chatter. So, rather than wake up in a cold sweat at 3am fearing the “where’s the data” question, take the bull by the horns and plan your first steps.