10 May 2017: International legal industry advisors Janders Dean (team behind the 5th Annual APAC Legal Innovation Index) today announce launch of Quantified Law Index – an annual global programme that aims to recognise excellence in quantification of the law, and the use of data analytics and visualisation in legal practice.
The announcement of the programme has been timed to coincide with the world’s first Legal Data Jam being held in London this week in parallel to Janders Dean’s annual Legal Horizons Conference.
Facilitated by Janders Dean practice experts Andrew Baker and Karl Haraldsson, the Legal Data Jam (an initiative of Janders Dean supported by LexisNexis) brings together over 30 participants from 15 firms to explore opportunities for the utilisation of data across a number of commercial and service areas including topics focused on diversity, collaboration, and client service.
Firms who have nominated staff to participate in this unique facilitated exploratory activity in London include Slaughter & May, Allen & Overy, Clifford Chance, Freshfields Bruckhaus Deringer, Linklaters, Herbert Smith Freehills, Ashurst, DWF, Taylor Wessing and Reed Smith.
The Quantified Law Index will be open to private practice law firms of any size or focus, in-house/corporate legal departments, students and academics who have developed and delivered unique approaches to analysing, understanding, promoting or enhancing the strategic and operational use of data to move the industry forward.
“The power of data in the legal industry is recognised by most” said Justin North, founder of Janders Dean, “however the industry is still at the point of maturity where more people appear to be talking rather than doing. Our aim with the Quantified Law Index is start to encourage more imagination, and our hope is that this then can be readily translated into more tangible action.”
“The Index has been launched to actively recognise those who are moving ahead with real life projects rather than academic ideas, dashboards, and slide decks,” said North, “and to lift these examples out over the fog that the industry finds itself in.”
The Quantified Law Index will bring together a judging panel of industry agnostic international thought leaders and subject matter experts across various disciplines associated with the data analytics industry. This panel will be tasked with reviewing submissions and ranking them based on their impact and their ingenuity.
The 2017 judging panel will be announced in June, with representatives from organisations such as Lonely Planet, University College London, Coinbase, Data Synergies, Hatch Analytics, x.ai and Janders Dean among those already confirmed as members of the team responsible for assessing each entry.
“The Quantified Law Index will be an annual programme to encourage momentum and future focus on this critically important space. We expect to see a phenomenal trajectory of positive activity in law, and Janders Dean will continue to champion and showcase this in the same way that we’ve recognised innovative law firms, corporate counsel, students and law schools over five years with the APAC Legal Innovation Index,” said North.
The Janders Dean Quantified Law Index will open for submissions in May 2017 after its launch at the Janders Dean Legal Horizons Conference in London, with entries closing at the end of July 2017. Successful projects will be announced and showcased during a reception in New York in August 2017.