legal operations Archives - Page 3 of 3 - InvestCEE
2020-03-11

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

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

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

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?
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