As a first step in engaging with InvestCEE, our law firm clients typically seek our advice to understand trends in legal technology and then identify and source legal technology solutions in advancement of their own innovation strategy. For law firms, we have dedicated tools to improve legal practice management, enable document automation and client-facing project work.

Download our LegalTech Toolkit or just schedule a free brainstorming session and we’ll give you a tour of our tools and services.

Law firm clients often engage InvestCEE as an external advisor for their internal and client-facing innovation strategy targeted to improve their legal service delivery. As part of such engagements, InvestCEE prepares an initial assessment report followed by a strategy paper along the lines of the law firm’s desired innovation strategy. In this context, InvestCEE’s consulting work includes in particular:

1. expert advice on identifying productivity gains from tech-assisted legal solutions and optimizing legal service delivery;
2. strategic support with specific aspects of the law firm’s internal and client-facing workstreams in order to: identify inefficiencies, improve client feedback and enhance internal & external collaboration through better processes, people skills and technology; and
3. consulting on visibility, marketing and content elements of the law firm’s service delivery (including assistance in communication via the firm’s website, client collaborations platforms, printed and online marketing materials and social media communication channels).

Ready to launch your law firm’s innovation strategy? Download our LegalTech Toolkit or just schedule a free brainstorming session and we’ll give you a tour of our tools and services.

Legal operations is what it takes to run a law firm (as a business) on top of practicing law by profession. It encompasses client management, strategic planning, legal project management, financial oversight, and legal industry expertise. Optimizing law firm operations is all about efficiency and effectiveness: how can the firm best deploy its lawyers and technology resources to advance the clients’ goals, manage legal risks and showcase the added-value created with legal work?

Legal Operations: Roadmap for Law Firms is a training course designed to provide strategic guidance to optimizing legal service delivery with technology. This course is dedicated to law firm leaders  and decision-makers (owners, partners, operations managers, IT and process leaders). Register for a private session with our advisors!

Traditionally lawyers measure the value of their work in correlation with time. While tracking billable hours makes pricing of legal services relatively straight-forward, it often leads to difficult discussion with clients due to this business model’s inability to truly capture the added value of legal work. Digital tools designed for legal practice management enable law firms of all sizes to shift away from the billable hour and implement a more data-driven approach that better captures the value human expertise.

Download our LegalTech Toolkit or just schedule a free brainstorming session and we’ll give you a tour of our tools and services.

Legal operations professionals typically have access to vast amounts of company data (a mix of legal and business data) and need to proactively collaborate with almost every business unit in the organization to help manage risks. The corporate legal operations team is in a unique position to help the in-house legal department grow into a more strategic leadership role in any organization. 

To successfully embed technology in legal workstreams, it is critical that legal operations teams receive adequate support internally (from business) and externally (from trusted advisors). Our Roadmap for Legal Operations is a customized training course that provides strategic guidance to implementing tech-assisted legal operations, particularly in relation to document automation, data management and AI-assisted tools. This course is dedicated to legal teams (of all sizes) & legal department stakeholders (business, IT and process leaders). Register to schedule a private session with our advisors!

Digital transformation efforts in organizations increasingly put corporate legal departments under unprecedented pressure. In-house legal teams often lack the bandwidth to source, test and implement technology tools that serve both legal and business goals. Our corporate legal clients typically reach out to InvestCEE to help identify and pilot legal technology solutions in line with their organization’s digitization strategy. We have dedicated tools for in-house teams that help with data-driven matter management, external spend management, internal reporting to business, contract lifecycle management and document review.

Download our LegalTech Toolkit or just schedule a free brainstorming session and we’ll give you a tour of our tools and services.

Keeping track of all matters managed by a corporate legal department is a complex task. From experience, we know that collecting,
analyzing and prioritizing matter data is highly relevant both for enabling efficient workstreams and reporting towards business units in an organization. Managing matter data is even more difficult for legal teams that only use manual reporting and traditional spreadsheets.

Innovative legal teams prefer smart tools in order to access matter data and automate administrative (repetitive) workstreams like reporting. Using technology to manage data in legal matters helps the team to:
· Prioritize work
· Allocate resources
· Identify work that should be automated, eliminated or managed elsewhere
· Ensure appropriate staffing and workloads
· Manage the budget and allocate costs to business units
· Handle external firms, including fees and spend management, project deadlines and work quality.

Technology assisted matter management means that legal teams can quantify and sort legal work according to risk profile, complexity, resource demands and more, measure whether they are getting the right results from external firms and adjust internal workstreams and budgets accordingly. Data-driven matter management empowers legal departments to stop being perceived as a “cost unit” in the organization shift to be becoming a valued asset for the business by enabling well-informed decisions.

Download our LegalTech Toolkit or just schedule a free brainstorming session and we’ll give you a tour of our tools and services.

To harness the actual value of contracts, the contracting lifecycle of organizations needs to be carefully planned. Contract databases are seen as a strategic asset for business and contract management task often require alignment between legal and business units. 

InvestCEE’s LegalTech Marketplace has dedicated tools for all stages of the digital contract lifecycle: pre-signing phase, negotiation and e-signatures, and smart archiving in the post-signing phase. Download our LegalTech Toolkit brochure or just schedule a free brainstorming session and we’ll give you a tour of our digital contracting solutions and services.

With organizations increasingly going through innovation efforts, digital change in the legal department may be particularly burdensome. InvestCEE is on a mission to help organizations effectively follow-through their innovation strategy specifically in the legal department.

By empowering lawyers and legal teams to adopt a more data-driven approach to legal operations, our ultimate goal is to help the legal function transition from a “cost center” to a business asset that is strategically aligned with business goals. For this, we work together with our clients in multi-disciplinary teams (closely collaborating with our clients’ existing internal IT,  business and legal teams) and help define and implement a digitization strategy and roadmap for the legal function.

Download our LegalTech Toolkit or just schedule a free brainstorming session and we’ll give you a tour of our solutions and services.

Business transactions are often highly complex and require dedicated attention from both legal and business teams. For example, going to all the efforts of an M&A project, coordinating the various internal and external teams and managing the complexity of the documentation can get particularly difficult. The traditional “people-only” approach to deal management inherently limits the process efficiency due to inconsistent focus, high risk to human errors, time & cost considerations as well as moral issues (people get fatigue with repetitive and unchallenging work). Instead, adequate technology tools can help keep business deal teams on track.

For example, tech-enabled M&A project management helps the deal team to:

• Ensure transparency & clarity of information among all teams
• Manage NDA & information memorandum distributions and responses
• Centralize and simplify due diligence with smart search capabilities
• Collect, manage, update real-time and control versions of all deal documentation
• Get to closing checklist & closing binders quickly and efficiently
• Simplify signature processes with automatized signature blocks and built-in signature tracker tool
• Get visual insights & reporting on the deal process

Download our LegalTech Toolkit or just schedule a free brainstorming session and we’ll give you a tour of our tools and services.

Specific definitions and methodology vary, but legal operations is generally about efficiency and effectiveness: how can a Legal Department best deploy its lawyers and legal resources to advance the organization’s goals, safeguard it from risk and protect the bottom line?

Our Roadmap for Legal Operations is a customized training course that provides strategic guidance to implementing tech-assisted legal operations, particularly in relation to document automation, data management and AI-assisted tools. This course is dedicated to legal teams (of all sizes) & legal department stakeholders (business, IT and process leaders). Join the training course or schedule a private session with our advisors!