January 14, 2022
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Law Firms' Emerging Weapon in Talent Wars: The Moneyball Strategy | The American Lawyer - The American Lawyer

using data
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What You Need to Know

  • Big Law is using data to inform hiring decisions, but not always doing so properly.
  • Bias, resistance to change and traditional notions about hiring have slowed effective use of data in the hiring process.
  • Data analytics are at their most effective when paired with human judgment and interpretation.

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.

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source: https://www.law.com/americanlawyer/2022/01/14/law-firms-emerging-weapon-in-talent-wars-the-moneyball-strategy/

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