What is Insights?
Insights presents a set of features built by advanced big data analysis. This section provides information such as which are the most promising and high-risk technical areas to collaborate with existing or potential clients and partners (Tech Overlap), which firm or applicants may already work with someone in your network (Network Overlap), or even firms that are similar to your firm or a competitor firm (Similar Entities), and much more.
General Introduction
Similar Entities
The Similar Entities feature suggests alternative law firms or applicants you can consider working with based on a similarity score. It can also help to identify competitors outside your periphery.
The similarity score is assigned based on several factors and weights, depending on the type of entity (law firm or applicant). You can update the weights to your preferences in the Settings section of IP Pilot.
Read a complete overview of how to use Similar Entities and some use cases here.
Network Overlap
The Network Overlap feature helps you identify the mutual partners and clients shared between two entities. You can use this feature to build a strong argument if you are approaching a potential partner/client to work with or request an introduction to a potential new partner/client through your mutual connections.
Read a complete overview of how to use Network Overlap and some use cases here.
Tech Overlap
The Tech Overlap feature identifies technical overlap and fields that give the greatest opportunities (white spots) between a law firm and another entity, with or without potential conflicts of interest. This can help you to understand the fields and/or IPCs to deepen or extend an existing relationship. It can also give you an initial understanding of where potential conflicts of interest may arise should you choose to collaborate on specific technical fields/IPCs.
Read a complete overview of how to use Tech Overlap and some use cases here.
Compare Entities
The Compare Entities feature allows you to compare two entities side-by-side by analyzing key similarities and differences between them, without opening multiple browser tabs or windows.
Read a complete overview of how to use Compare Entities and some use cases here.
