Managing risk by framing it as a business problem

Counsel hurt themselves by trying to get executives to pay attention solely to legal concerns, says an in-house specialist. 

By Robert Freedman • June 3, 2024

Company touts remnant assets as a cash generator for GCs

Older, larger companies with lots of M&A behind them tend to have an extensive portfolio of assets lying dormant that are ripe for monetization, executives at an asset buyer say.

By Robert Freedman • May 28, 2024

Taking the pulse on the IPO landscape: Part 2

Revisiting a conversation between Broadridge’s Jennifer Flynn and Cooley’s Yvan-Claude Pierre.

May 6, 2024

Taking the pulse on the IPO landscape: Part 1

A conversation between Broadridge’s Jennifer Flynn and Cooley’s Yvan-Claude Pierre.

April 29, 2024

Top 10 pet peeves for in-house litigation counsel

Budget surprises, a failure to communicate at inflection points and vague billing entries are among the outside counsel practices that make life hard for in-house litigation counsel.   

By Joshua Stein • April 19, 2024

How companies use in-house legal to boost business

Liberty Mutual and Wayfair have leveraged investments by their legal departments to help the company attract and keep more customers. 

By Robert Freedman • April 11, 2024

Latitude Legal hires Alex Su to help fuel growth

The flexible talent provider is hoping the well-known legal professional can raise awareness about the company’s offerings for legal departments and law firms.

By Lyle Moran • April 2, 2024

How general counsel are keeping core legal work in-house

Technology and alternative legal service providers can help, but it’s also important to hand off low-level work to other functional areas within the organization, say legal leaders.

By Robert Freedman • April 1, 2024

How general counsel can create an integrity mindset in the executive team

Success makes business leaders more susceptible to rationalizations, so the key is to make ethics top of mind before a compromising situation occurs, a legal leader says.

By Robert Freedman • March 18, 2024

Alternative legal services provider Proxiio launches US operations

The company headquartered in India specializes in managed review, litigation and investigation services, including e-discovery and compliance management.

By Lyle Moran • March 13, 2024

Legal professionals desire more expertise about GenAI, survey finds

A majority of surveyed in-house and law firm professionals also expressed interest in using generative AI to gain better insights from data, Consilio reported.

By Lyle Moran • March 12, 2024

Wolters Kluwer releases AI-powered contract querying tool

The company said its AI upgrades in Legisway will also integrate into the recently launched legal services portal.

By Lyle Moran • March 11, 2024

LegalOn Technologies releases contract editing tool featuring GPT

The software will assist in-house legal professionals with quickly reviewing various types of contracts and will enable them to collaborate with colleagues, the company said.

By Lyle Moran • March 1, 2024

Why a general counsel must serve as a business partner

How the GC performs when the proverbial door closes and the executive team has to engage in candid and sometimes fraught conversations about critical issues is pivotal.

By Michael Sachs and Joanna Herman • Feb. 23, 2024

Legal teams advised to deploy GenAI in ways that benefit the business

Regulatory compliance and contracting are two areas where legal’s use of generative AI could improve collaboration with other functions, an EY legal tech leader said.

By Lyle Moran • Feb. 21, 2024

Leading general counsel team up to support generative AI adoption

A collaboration spearheaded by Factor includes participation from executives at companies such as Microsoft, Intel, Adobe and Ford.

By Lyle Moran • Feb. 16, 2024

Law firms raised rates 6.5% to close 2023, report finds

Outside counsel also reduced their growth in expenses, which helped firms achieve profitability last year, according to Thomson Reuters.

By Lyle Moran • Feb. 12, 2024

Using design thinking to improve legal operations processes

In design thinking, organizations put themselves in their users’ minds to create innovative solutions that meet their customers’ needs and expectations.

By Jared Hostmeyer • Feb. 9, 2024

CLM as the next Salesforce or NetSuite not far off, CEO says

The legal ops team, key to integrating tech with the broader organization, still faces growing pains from the cultural legacy lawyers bring to their in-house role.

By Robert Freedman • Feb. 7, 2024

ESI protocols are key to discovery – even if they’re informal

Handling of electronically stored information has factored into a number of recent cases, with big lessons for in-house legal operations.

By Robert Freedman • Feb. 1, 2024

Tech roundup: Companies announce new legal tools early in 2024

Amid a push for greater legal department efficiency, many technology companies are offering new AI-powered solutions. 

By Lyle Moran • Feb. 1, 2024

42% of legal teams face cost-cutting mandates, ACC survey finds

One way many legal departments are aiming to reduce spending is by improving the efficiency of their operations.

By Lyle Moran • Jan. 30, 2024

2024 in-house legal outlook series: GCs, CLOs ready for hard decisions

Legal leaders look at practical generative AI use cases and get tough on outside counsel spend, among other priorities this year.  

By Lyle Moran and Robert Freedman • Jan. 29, 2024

Outside counsel management is a growing focus for in-house legal teams

An emphasis on cost control is prompting legal departments to scrutinize law firm rate requests and examine shifting work to other providers who cost less.

By Lyle Moran • Jan. 29, 2024

Legal teams to test AI promises with use cases in 2024

If 2023 was the year legal leaders began to think about deploying AI in their operations, 2024 will be the year they try to convert the technology’s promise into tools with measurable results.

By Robert Freedman • Jan. 22, 2024