Professionals in many industries, driven by cost pressures and the need for greater transparency, prioritize value-for-price in decision making. Wolters Kluwer realizes that there are opportunities to extract value from the massive amounts of data generated as a by-product of providing professional services. Harnessed in a responsible way and analyzed intelligently, this data provides valuable analytics and insights to help professionals make the right decisions and stay competitive. This is an important focus for us today and a basis for future growth opportunities.
TyMetrix Legal Analytics, from Wolters Kluwer Corporate Legal Services, aggregates tens of billions of dollars in global legal spend and performance data in LegalVIEW, the world’s largest permission-based contributory data warehouse of legal performance data. Combining this data with unparalleled analytical and legal domain expertise, TyMetrix provides benchmarks, models, and insights to law firms, legal departments, and other professionals involved in managing the business of law.