digital law firm Archives

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With this LegalTech blog, we aim to inspire engagement with legal technology tools in a creative and transformative manner. Most of our posts are inspired by project work with our curated toolkit – dive into our strategic insights to increase the value of legal services and optimize business processes in your organization.

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2025-01-13

Legal Operations: Roadmap for Law Firms – Training Course

Legal Operations: Roadmap for Law Firms is a training course hosted by InvestCEE LegalTech Consultancy 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 to join the upcoming live session!

2024-07-18

How to share legal entity information with stakeholders in 2 steps?

Corporate housekeeping requires collaboration among stakeholders, including C-level executives, legal and tax advisors, compliance professionals, investment managers, and others. Traditionally, information is shared through email or a public workspace in the organization, which is neither practical nor secure. Instead, controlling access to information is good practice, just like providing data in a visually attractive and user-friendly way.

2024-06-03

Legal Entity Management: Workflow Automation & Reporting

Legal entity management is key to navigating complex organizations, especially in a digital environment that is highly dependent on corporate data and streamlined work processes. Whether assigned to the legal team or a business unit, people entrusted with corporate governance tasks are responsible for efficiently coordinating all legal entities of the group: holdings, operational companies, SPVs, subsidiaries, and branches. Carefully designed workflows and reporting are inevitable in this context.

2024-05-13

Legal Entity Management: Structuring Corporate Data

Corporate housekeeping has traditionally been the task of legal professionals - for a good reason. Providing risk management support to business clients, lawyers are expected to set up and safeguard the corporate foundations, watch over periods of growth and expansion, and mitigate risks in times of uncertainty. Yet navigating complex corporate structures may easily get challenging even for the best legal teams - especially in a digital environment where data accuracy and system security have become top priorities.

2022-04-28

Legal Technology Audit: Digital Maturity Survey & Analysis

When conducting a legal technology audit in a corporate in-house department or law firm (of any size), we assess a legal team's digital maturity and help define an innovation strategy going forward. A LegalTech audit is a preliminary step for thoughtfully implementing emerging technologies into corporate legal operations and law firm practice. Our assessment report along with an overview of new and innovative tools designed for legal work, enables lawyers to streamline their daily tasks, build business flexibility into their practices and provide a more effective and highly responsive legal service.

2021-11-16

LegalTech ROI Calculation: expert insights

Investing in legal technology is fundamentally a business decision: will the benefits of the investment outweigh the costs? Return on the investment must justify the effort and expense of upgrading a legal team’s infrastructure and skills. A return-on-investment (ROI) calculation should help the decision making process with realistic numbers and flexible variables to account for different users and use cases. In this article, InvestCEE’s legaltech advisor Chuck Henrich explains what metrics legal teams should take into account in calculating ROI for tech-assisted legal services, and how to do it.

2021-07-08

Contracting with Technology Tips and Tricks

Improving Contracting with Technology: Tips & Tricks

Seamless contracting is a top priority for all organizations, irrespective of company size and industry. Technology is within reach to assist with certain parts of the contract lifecycle or to manage the entire process on a single platform (end-to-end). Yet despite the abundance of tools available, there are many impediments to change for better contracting habits. Here’s an overview of three typical challenges and our best-practice tips for improving contracting with technology.