Knowledge Base - Landscape Overview

Much of a legal team’s worth is tied up in knowledge held by individuals within a team. This creates a competitive advantage, but also creates a risk that a large portion of their worth is eliminated if individuals decide to leave a team. Combined with this, many teams suffer from the fact that knowledge is captured at an individual level (e.g. in somebody’s private folder) rather than being shared with others. A key purpose of a knowledge base is to store and codify knowledge that would otherwise be locked away - either in a secure location or people’s heads - so that it can be shared with others.