PBV Monitor Adopts Peer Analysis in Data Collection Process
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PBV Monitor Adopts Peer Analysis in Data Collection Process

By: SEO Mavens

PBV Monitor (https://pbvmonitor.com) – alternative data analysis company, publisher of Global Legal Chronicle and PBV Directory, and engaged in the development of a global intelligence platform in the legal services sector – has introduced some new features in order to acquire additional qualitative information to better analyze the activity of lawyers and law firms.

With the introduction of this new feature, PBV Monitor – formed in 2018 after receiving an equity seed financing from Quantum Blockchain Technology, an investment firm listed at AIM in London – completed the development of the suite of editorial and business intelligence products.

Following the success achieved through the acquisition of feedback from customers, the new methodology for the collection of evaluations by the counterparties completes the set of information provided to readers and customers and aimed at the qualitative evaluation of the skills and capabilities of the lawyers subject to analysis.

In the past, the PBV Index relied on other analytical data to rank lawyers and law firms. The PBV Handbook leverages the valuable insights that colleagues can provide by integrating peer review. The addition of peer review allows the PBV Guide to consider factors that are not readily apparent from case studies alone. For example, a peer review may reveal the following characteristics of a lawyer:

  1. Teamwork skills
  2. Communication style
  3. Effectiveness in the courtroom
  4. Expertise in the field of law

This approach requires a lot. A true reflection of its potential is beneficial to those where legal professionals seek reassurance and clients seek what suits their needs.

PBV Directory has become a leader in the legal industry. This latest update further reflects their focus on innovation. The legal profession has always relied on content and credibility. The PBV Directory’s data-driven approach is now backed by peer review, providing greater objectivity and transparency. A more comprehensive evaluation of the PBV Index makes them dependent on this change.

PBV Monitor has activated the new analysis methodology for more than 50,000 business lawyers operating in more than 10,000 law firms worldwide.

“Peer analysis,” comments Ambrogio Visconti, CEO of PBV Monitor, “has proven in other areas to be an efficient methodology for acquiring qualitative information that can be perfectly integrated with those already provided by the PBV Monitor platform to its readers and customers.”

“The possibility of automatically addressing our evaluation requests only to lawyers involved in the relevant transactions and only in relation to the lawyers with whom they actually operated represents an innovation that PBV Monitor introduces in a segment such as that of legal directories and industry publishing that, during the last 30 years, has been poor in innovations with regard to the analysis methodologies adopted.”

“The PBV Monitor platform,” continues Ambrogio Visconti, “already has a unique set of quantitative information and quantitative information collected directly through the alternative analysis of data, which provides fundamental parameters for evaluating the performance of lawyers and law firms in 36 areas and 77 jurisdictions. We are also proud to note that during the last two years, the platform has gained more than 6500 feedback from more than 4,000 customers. The new methodology will provide us with an additional set of data that will enable us to consolidate the competitive advantage of PBV Directory and to acquire relevant information to be used in our business intelligence platform.”

The integration of peer review into its system represents a significant development for PBV Monitor, strengthening its products and providing users with a deeper understanding of its business. Using comparative data, businesses can measure their performance, identify business models, uncover best practices, reduce risk and further increase decision-making awareness. As the business environment continues to change, PBV Monitor remains at the forefront, providing organizations with the tools they need to thrive in a competitive environment.

Published by: Martin De Juan

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