Question

McCloy-Hill, a well-known law firm in California, adopts a regular practice of documenting its client-related data daily in an electronic database. The client-related data includes the nature of legal advice sought, revenue generated by each client, and progress on each case, among others. What type of intellectual capital does such data represent to the firm?

Answer 1

Answer:

Structural Capital

Explanation:

Based on the information provided within the question it can be said that the intellectual capital that this data represents is a Structural Capital. This refers to assisted infrastructure, processes, and information databases within the firm that allows human capital to function, and always stays within the same firm regardless of changes in management and employees.