Infographics & Data Visualizations

Infographics & Data Visualizations

Showing 61 posts tagged economy

Cyber Monday 2013 Recap

Cyber Monday 2013 will go in the the books as the biggest online shopping day in the history of the Web. This year consumers spent over $2 Billion, pushing past many predictions while simultaneously raising the stakes for next year. Our Cyber Monday infographic explains the origins of the biggest shopping day of the year, the unbelievable growth it’s experienced since its beginnings in 2005, and several key performance considerations online retailers need to keep in mind throughout the remainder of the holiday season. Plus, discover who won this year’s Cyber Monday Biggest Loser award.


Click image to see a larger versionCyber Monday 2013 RecapCyber Monday 2013 Recap via SmartBear

The True Cost of an Attorney

There are a number of factors that can influence how much money you or your company might have to spend the next time you need an attorney. According to one study, company legal departments can spend anywhere from $245,000 to $320 million in legal fees annually. So why are attorney fees so high? There are a number of reasons. One reason relates to the amount of money attorneys spend while earning their law degrees. On top of their four year college degrees, attorneys also attend three years of law school. For individuals working toward a career as an attorney, tuition can cost anywhere from $119,295 to $174,327 depending on whether they attend an in-state, out-of-state, or private school. Another reason relates to the time and energy that an attorney typically spends working on complex corporate cases (many of which take three years or more to resolve). In the following infographic, we’ll outline additional factors that influence the costs of hiring an attorney, what types of services small businesses typically hire attorneys for, and how costs vary depending on where you are in the country.


Click image to see a larger versionThe True Cost of An Attorney InfographicThe True Cost of An Attorney Infographic via UpCounsel

History of Life Insurance

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History is not always as certain as we would like. The way in which the world worked centuries ago is known in outline, but we often only see highlights. So, for example, there have been versions of life insurance for more than two thousand years. It all began in Ancient Rome when military leaders faced the problem of high-cost funerals. Their families were expected to pay for major events. Their solution was to contribute into a fund that would pay for their funerals should they die unexpectedly when fighting wars.

This was translated into something more recognizably life insurance by John Graunt in 1662. He was a statistician and noticed predictable patterns in mortality. In the 1760’s, life insurance crossed the Atlantic and was offered in Charleston, South Carolina. This was not controversial and spread throughout America. However, when the Civil War broke out, the life insurance industry decided to pay out no matter which side the deceased supported. This openhanded approach became the basis of the Social Security programs we know today.

The next major event occurred in 1904 when the Central Life Insurance Company issued a policy covering a woman. The rest, as people say, is history. The basics were in place and all that followed just added details like the first claimants who died in an air crash, computerization, and so on. No doubt there will be something spectacular to add to the list tomorrow.

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