The £33 Billion Legal Services Market In Need Of Analytical Insight

COVENTRY, U.K. - Nov. 27, 2017 - PRLog -- UK legal services companies generated sales of £32.8 billion in the year to September 2017, compared with £31.6 billion in the year to September 2016. However, both barristers and solicitors saw their sales decline meaning all the growth was confined to "other" services.  In this environment, barristers at law and solicitor firms need the insight and data to drive their sales forward and control their costs.

It is this highly competitive legal market that IRN Research has launched its Legal Analytics service. Run in partnership with Premonition AI, the service offers analysis of legal decisions in all the UK High Courts and selected courts overseas. The service offers data from and access to Premonition AI's artificial intelligence system, that has read all cases in the High Court and selected overseas courts, generating a database of almost 150,000 UK High Court cases. Data from the High Courts in England & Wales have been electronically crawled, subjected to statistical analysis, categorised and, finally, subjected to human scrutiny. Worldwide our partnership with Premonition means our clients will have access to the world's largest legal database, covering countries and jurisdictions where court results are digitally available.  The UK data is less than 1% of the total Premonition international legal database. Premonition holds similar data for the US, Canada, the Netherlands, Australia, New Zealand and India with more being added. It is the world's largest litigation database. This data can be used to generate:

Client Report: in-depth analytics on a company's litigation history and Barrister performance. Law Firms use this report to improve Business Development through better Client Intelligence. It is used by General Counsel to review their Panel Counsel. Data covered includes Litigation History, Case Types, Legal Representation, Barrister/Firm performance

Barrister Report: in-depth analytics on a Barrister's performance and litigation experience. Law Firms use this report to gather intelligence on opposing counsel and identify lateral recruiting opportunities. General Counsel use this report to review the performance of their external counsel. Data covered include Litigation Experience, Case Types, Client Representation, Performance (overall, case type, judge, client)

Judge Report:  in-depth analytics on the outcomes of Barristers in front of a judge. It is used by General Counsel to identify the most effective and efficient Barristers in front of a judge. Law Firms use this report for gathering judicial intelligence, hiring co-counsel and identifying the strength of opposing counsel. Data covered includes Barrister Performance by case type, Claimant/Defendant outcomes by case type, Barrister Experience in front of a judge, Performance Outliers

Law Firm Report:  in-depth analysis of a Law Firm's performance and efficiency. General Counsel use this during their Panel Counsel Review process to identify top-performing firms. Law Firm's use this report to track their litigation experience/performance and to improve their business development by pitching to their strengths. Data covered includes Litigation History and Experience, Client Representation, Overall Firm Performance, Specific Barrister Performance

Court Report: in-depth analysis of the quantity of cases and performance of all the lawyers in a particular court. This report is used to identify top performing Barristers or identify potential venues in which to file a case. Data covered includes Barrister Experience (Number of Cases in a Court), Barrister Performance by Case Type, Benchmarking to peer performance,

·Top Litigants Report: in-depth analysis of litigants by volume of litigation in a court. Law Firms use this report to identify potential hidden clients.

The data can also be used to evaluate the success or otherwise of expert witnesses and it can supply case documents.

If you are interested in more information, wish to order a report or set up a bespoke analysis please contact: David Mort (dmort@irn-research.com) or Gary Giddings (ggiddings@irn-research.com)