Managers of law departments (and of law firms) often believe that there is an identifiable connection between one set of numbers and another. Perhaps they sense that the size of the plaintiff’s law firm has some bearing on the cost of defending a lawsuit; they feel the number of patents applied for rises and falls with their company’s R&D investment; or they’ve noticed that client satisfaction scores relate to keeping close to budget. Fortunately, those types of subjective impressions of managers can be tested and quantified. 
Continue Reading The Core of Correlation

By Rees Morrison/Altman Weil, Inc.

Day after day, managers confront operational problems, think about them and make choices about what to do or not to do. In other words, they decide something. But they don’t always take into account the data available to them when they make those decisions.Continue Reading Data Should Drive Decisions: It can help counter conscious or unconscious bias