In a few weeks, a few thousand people will convene at LegalTech New York (LTNY) for 3 days of exhibitions, networking and legal technology sessions. To give an overview of what will be covered in those sessions, we have again created the LTNY agenda word cloud, visually displaying the words/themes included in the event's agenda of sessions (minus days, times and people's names). FYI … the size of selected words dictates how often they have been mentioned or referenced within the agenda (aka, how popular they are). [Click on image to enlarge]
This is the fifth year we have used the event program to create a visual snapshot of the main content themes and discussion topics. How does this compare to previous years? What topics made headlines in our word clouds for 2014, 2013, 2012 and 2011 (shown below)? Here are some musings on 2015 and past year comparisons:- Content wise, LTNY 2015 is heavily focused on information governance (IG), risk and compliance… particularly as it relates to eDiscovery, corporate security and information management. We heard it last year but this year it is loud and clear.. IG is no longer a sideline, add-on activity but a broader strategy of managing information overload. The time to simply check off IG and compliance tasks is over.
- So what happened to big data? I thought it was bigger than ever? Yes, but we are seeing two distinct trends … 1) Big data is being rolled into IG, risk management and information management themes as opposed to positioned stand-alone and 2) analytics, a hotter than ever topic, is essentially a big data off-shoot. Case in point, the 2014 ILTA/InsideLegal Technology Purchasing Survey revealed that over 50% of responding ILTA member firms would use analytics as a primary big data technology.
- Considering privacy and security are on everyone's 'major challenges' and 'top priority' lists, the topics themselves are somewhat downplayed. We suspect these topics are central to most information governance discussions which seem to be dominating this year.
- Last year we asked "where did the big pricing discussion go? Remember AFAs?" Session wise, LTNY seems to have moved on, although we did notice an increase in cost-related themes and sessions.
- Based on our five year comparison, the 2015 LTNY cloud has by far the most government focused content. IG, information management, compliance and increased regulations are all intertwined with government so this trend adds up.
As a comparison, we have included the LTNY Agenda Word Clouds from 2014, 2013, 2012 and 2011.
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The word cloud was pulled from the agenda listed in the LegalTech NY Show Brochure from http://www.LegalTechShow.com.
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