legal operations Archives - Page 3 of 3

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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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2020-09-15

Legal Operations Health Check Webinar

In-house legal teams across the globe had responded to Xakia Technologies' Legal Operations Health Check survey that closed in June 2020. By now, all the data about corporate legal technology, tools and processes has been analyzed and the eBook is getting ready for release! To set the stage for the upcoming legal data eBook, our partner Xakia Technologies is organizing a Legal Operations Health Check Webinar. Join us!

2020-06-02

Legal Operations Healtch Check Xakia Technologies

Legal Operations Health Check: June 2020

We are joining the legal operations evaluation project launched by Xakia Technologies to assess the state of in-house legal departments. The survey tool underlying the project is the Legal Operations Health Check created by Xakia three years ago - still available until June 30, 2020. Then, jointly with other organizations in the legal industry (Legal Operators, UpLevel Ops, Ascertus Limited, Norton Rose Fulbright and Lawit Group) we will prepare an eBook summarizing the trends and benchmarks globally. Click to access survey and find out more!

2020-03-20

Transition to Digital Legal Tools & Remote Work

We have also recognized that beyond the immediate human health aspect, there are additional, economic concerns that need to be dealt with in the current circumstances. And lawyers may have a special role to play in this regard. Enabling access to digital legal tools, easing the flow of goods and services, helping to virtually run our economies (locally and regionally) and getting creative about legal services will be essential going forward. To support legal teams through this period, we are here to team up and make use of the know-how we've accumulated in our legal innovation ecosystem. Here's a summary of how we are able to help.

2020-03-11

Legal Innovation Legal Market Day Warsaw

Making Legal Innovation Work: Summary from Legal Market Day 2020

On March 6, 2020, InvestCEE LegalTech Consultancy held a presentation on Making Legal Innovation Work at the Legal Market Day 2020 conference in Warsaw. The presentation focused on key areas where legal teams need to take meaningful risks in order to enable innovation and make the most of legal technology investments. Insights shared regarding the use of legal data analytics were meant to inspire corporate legal departments and law firms in CEE to improve their decision making and risk management functions.

2020-02-25

Legal Data Analytics Webinar: Takeaway Notes & Video

On February 20, 2020, InvestCEE LegalTech Consultancy hosted a webinar organized by the European Legal Technology Association (ELTA) regarding the use of legal data analytics for improved decision making of corporate legal departments and law firms. The panel of experts included Jodie Baker, founder and CEO of Xakia Technologies and Ádám Szíjártó, legal director of Egis Pharmaceuticals PLC. The discussion focused on identifying and visualizing metrics beyond the billable hour to demonstrate the value of legal work.

2020-01-17

contract management aivan.ai investcee legaltech

Getting Started with Contract Lifecycle Management? Pick the Lowest Hanging Fruits!

Managing the contract lifecycle and making the most of contract data is one of the all-time top priorities of corporate legal teams. Improving contract management efficiency is easier with new technologies, yet there's typically a gap between the importance of these challenges and success in solving them. Given there are many contract lifecycle management (CLM) solutions available on the market, it is rather confusing to understand which capabilities really drive the most value. Here's a summary from our partners from Aivan.ai explaining how they differentiate their tool on the legaltech market.

2020-01-06

Inesting in Legal Technology InvestCEE Guide to Strategic Acquisitions

Investing In Legal Technology: a Guide to Strategic Acquisitions

In a changing legal market -- responding to a data-driven economy -- companies and law firms often play it safe, look for the perfect solution and wait for the right moment to jumpstart innovation of legal workflows. Investing into technology requires some expenses and the return on investment is often difficult to predict. Clearly, legal technology acquisitions need to be carefully and strategically considered. Yet study after study shows: strategic thinkers are found to be among the most highly effective leaders, and those organizations that look to the future and take well-managed risks are the ones that persevere and grow. We help apply this wisdom in legal innovation context.

2018-06-04

From document automation to digital legal business

What are you buying when you invest in a document automation solution? InvestCEE’s LegalTech Marketplace partner Contract Mill argues that it is digital legal business rather than just another technology tool. When making an investment decision, understanding and defining the […]

2018-03-21

Xakia legaltech defining team value legal operations

Helping legal teams define their ‘corporate value’ by implementing legaltech

Legal teams are comprised of some of a company’s most valuable resources, yet these highly trained, intelligent employees can often lack a place at the decision making table. This is ludicrous and defies logic. Why does this happen? Is it because the legal team is a ‘cost centre’ the resources of which should be kept to a minimum? Or is it because the legal team is sometimes seen as the ‘Department of No’ by the company within which they work?