Legal Innovation Spotlight 74 - The Data Dilemma: Why Law Firm Innovation Starts with Better Data Hygiene with Moiz Shirazi
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Jun 25, 2025 Moiz Shirazi, Founder & CEO of Scorealytics, dives into the world of legal intelligence and data hygiene. He discusses the transformative power of data analytics in law firms and how it can enhance decision-making. Moiz emphasizes the challenges posed by traditional partnership models and advocates for cloud solutions to streamline operations. He highlights the role of AI in legal practices and the threat posed by big accounting firms entering the legal market, urging law firms to adapt and innovate to stay competitive.
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Moiz Shirazi's Career Journey
- Moiz Shirazi shared his career path from Big Four to Baker McKenzie's economic consulting group.
- This experience led him to found Scoralytics, a legal intelligence platform spun off from Baker McKenzie.
Quantifying Legal Risk
- Legal risks should be quantified to resonate with business decision-makers.
- Scoralytics translates legal developments into financial impact to make legal intelligence actionable.
Law Firm Data Mess
- Law firm data is messy with many document versions and poor metadata.
- This data disorder hampers leveraging AI and requires significant untangling across merged firm systems.