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Data Analysis Is Cementing Important Role In Law Firms Talent Evaluation
As more law firms embrace the power of mining data to inform talent-related decisions, some have predicted that Big Law hiring could become like modern Major League Baseball: A data-centric endeavor that trusts the numbers, and those who know how to interpret them, over all else.
Legal industry experts say broad-based adoption of that approach — the numbers-first philosophy known in sports as "moneyball" — is a long way off. But data analysis is already cementing an important role in how law firms evaluate new associates and lateral hires.
For this strategy to reach its potential, the industry must overcome a few big hurdles: bias toward law firms and law schools with big brand names; a tendency to overvalue the so-called gut feeling; and hiring the right people to collect and interpret data.
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