Numerous GCs have elevated their law departments' business impact by automating routine activities and partnering with service providers. Here are the prime candidates for each approach, the benefits, and the 'lift' involved.
A legal matter intake and request management system is now a law department ‘must-have’. But to be more than a ‘legal front door,’ it must include eight crucial components for efficiency and collaboration.
At law departments, ‘good enough’ results from innovation can breed complacency. A ‘run it like a business’ approach to adding value means going further – like these eight strategies for optimising litigation processes.
For a law department to succeed when selecting and implementing a new CLM system, rule #1 is to avoid the four fatal CLM project ‘Don’ts’: haphazardness, haste, clinging to old approaches, and being unrealistic.
The Impact episode features Chief Legal Officer of NetApp, Beth O’Callahan, and the podcast host, Steve Harmon, COO and General Counsel of Elevate. They discuss how change can both motivate and challenge a team and that success should be measured not only by looking at metrics but at the organisation’s values to ensure qualitative priorities are not missed.
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Worldwide, the average cost of a data breach is at an all-time high of USD $ 4.45 million – 2.3% above 2021 and 15.3% more than in 2020.
Organisations can slash nearly 20% (up to 54 days) from the time required to identify and contain a data breach by creating an Incident Response (IR) team and testing an IR plan before an incident occurs.
