Posts about Legal Operations

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Legal Operations Team Structure: Optimize Your Legal Ops for Success

September 22, 2022

Legal operations teams have grown increasingly important to a company’s competitiveness and strategic business initiatives. Sixty-one percent of legal departments employ at least one legal operations professional today—a figure that has nearly tripled since 2015. Nearly a quarter of legal departments have at least four legal operations staff members, and 13% plan on hiring additional personnel to their legal operations team structure in the coming year.

Ultimately, the role of legal operations is to empower legal teams with optimized workflows, tools, and strategic initiatives. But the legal operations’ team structure, role hierarchy, and objectives can vary greatly based on company size. Understanding these differences—and the best practices for your budget—is a worthwhile starting point for change.

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Legal Operations Skills and Technology for Improving In-House Efficiency

August 30, 2022

Increasingly, corporations are embracing the benefits of employing legal operations managers. Acting as crucial change agents, these specialized personnel streamline in-sourcing, drive contracting efficiency, and empower in-house lawyers to spend less time on paperwork and more time practicing law. This article explores the future prospects for legal operations professionals, the necessary legal operations skills they need to succeed in their roles, and how technology complements those roles.

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What Is Contract Lifecycle Management and Why Does It Matter?

August 18, 2022

Contract lifecycle management (CLM) is the process businesses follow to manage contracts from their creation up to their expiration. It’s a simple definition; unfortunately, many CLMs do not account for everything that’s involved in the life cycle of a contract. Any reasonably sized corporate legal department or firm will have thousands of contracts to manage—all with different dates, provisions, retention schedules, and involved parties.

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Legal Operations Best Practices: 2022 Edition

August 16, 2022

Corporate legal departments are facing a slew of challenges in the current market. In-house lawyers reportedly work about 51 hours per week on average, which can have a marked impact on their mental and physical well-being. That’s why legal operations best practices in 2022 need to center on the employee experience. By providing a supportive, transparent, and streamlined working environment, legal teams can cut down on burnout and improve operations across the board. 

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What is Legal Operations and How Can It Be Streamlined?

July 28, 2022

Legal operations (or legal ops) is a somewhat new field, but its importance is already widely recognized. In the 2022 ACC Chief Legal Officers Survey, 70% of respondents listed legal ops as their top strategic priority. This is going to be even more important as companies struggle to cut costs and workloads increase amid record-breaking inflation. Companies shouldn’t just  focus on what legal operations is, but also on how it can give them a competitive advantage.

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What Is Logic Programming in AI and How Does It Improve Contract Review?

July 21, 2022

Artificial intelligence (AI) includes high-level, automated programming systems that, when combined with logic-based programming, can easily encode human knowledge and abilities in a compact and usable way. To date, AI-based contracting software represents the most sophisticated technology on the market, yet some businesses are still on the fence about its true potential. Can it ever truly replace legal department staff, for example? The short answer is no: AI based on logic programming will not replace the human element any time soon, but it can solve a number of unique challenges more efficiently.

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