CLM software has become most used in-house legal tech, survey finds

Contract lifecycle management technology is also the only tool that more than 50% of in-house professionals say is effective, according to an ACC and Exterro report.

By Lyle Moran • June 2, 2023

The key questions for measuring your legal team’s technological maturity

One of the best ways to gauge if your technology investments are delivering value is by regularly soliciting feedback from the people who use the tools.

By Jared Hostmeyer • May 25, 2023

Tonkean launches suite of legal tools powered by generative AI

The products are designed to assist in-house departments with intake and automate common legal processes, such as NDA creation.

By Lyle Moran • May 22, 2023

Quick win can boost legal team buy-in of metrics program

Over time, data-based tools can help the GC serve a more valuable executive-team role and save money, Intel’s legal metrics leader says.

By Robert Freedman • May 22, 2023

Why it’s imperative lawyers adopt a ‘legal copilot’ model with AI

By combining AI and human capabilities, organizations can leverage the strengths of both to improve decision-making and achieve better outcomes.

By Johannes (Jan) Scholtes and Geoffrey Vance • May 19, 2023

With generative AI, in-house lawyers will be more business-oriented

Even before this latest technology hit the headlines, the legal function was becoming more of a partner with other departments, Evisort CEO Jerry Ting says.

By Robert Freedman • May 19, 2023

Using tech to track all of the in-house legal team’s work

LinkSquares says it can help general counsel measure the legal department's contribution to the broader business by channeling requests into an intake tool.

By Robert Freedman • May 18, 2023

Generating outside counsel savings from disallowed costs

Billing discipline can drop as law firms work on long-term engagements. Using a billing tool with clear guidelines can get that discipline back on track.

By Robert Freedman • May 17, 2023

New legal tech tools showcased at CLOC 2023

Innovations include a better way to evaluate law firm proposals, centralize all in-house legal requests in a single intake function and analyze contracts.

By Robert Freedman • May 16, 2023

NDAs are a major point for private markets professionals

The slow negotiation of non-disclosure agreements is negatively impacting the ability of companies to close deals. 

By Lyle Moran • May 12, 2023

How DocuSign gets the most from its billing guidelines

The legal team OKs exceptions on a case-by-case basis but doesn’t revisit engagement terms for any firm, says the company’s legal ops chief.

By Robert Freedman • May 12, 2023

How in-house counsel can help support legal operations

Every member of the legal department should make some contribution to operations initiatives amid their other duties, a LinkSquares lawyer advocates.

By Lyle Moran • May 10, 2023

Law firms raised rates 5.5% to start 2023

The rate increases among Am Law 100 firms were even higher and set a new record, helping law firms increase profitability. 

By Lyle Moran • May 9, 2023

Legal chief’s top asset is knowing the business, Macy’s CLO says

By being a business person who went to law school, you can be a strategic partner to the executive team and assume expanded roles, like computer security, audit and investor relations.

By Robert Freedman • May 8, 2023

How CrowdStrike’s use of an ALSP shifted legal team’s mindset

After partnering with Factor on workflows, members of the cyber company’s in-house department started viewing their work through a more operational lens.

By Lyle Moran • May 1, 2023

Giving attorneys the bigger picture as you automate workflows

Legal ops can get buy-in and improve automation by helping the in-house team see how their steps aren’t isolated but fit into a broader process. 

By Robert Freedman • April 27, 2023

How legal teams can show their value during times of uncertainty

Sterling Miller says implementing new ways of doing business and properly prioritizing work can help legal departments win support from key stakeholders.

By Lyle Moran • April 21, 2023

Using litigation funding to increase certainty in outside counsel spend

General counsel can reduce budget volatility by partnering with a firm that can cover overages from unexpected lawsuit costs, a finance executive says.  

By Robert Freedman • April 20, 2023

How to join the new generation of legal ops leaders—GenO

These legal ops professionals initiate and lead programs that impact the entire corporation, not just the legal department.

By Prashant Dubey • April 20, 2023

Law firms take cautious approach to use of generative AI

Despite the slow rollout, 51% of law firm professionals believe tools such as ChatGPT should be applied to legal work, a survey found.

By Lyle Moran • April 19, 2023

How small wins can fuel bigger legal ops success

Especially in a start-up context, creating value early helps your team while you’re still learning about solutions to match your needs, Adam Becker of Cockroach Labs says.

By Robert Freedman • April 14, 2023

How legal ops helped Ingersoll Rand cut tort liability costs

The company’s in-house team created what amounted to a virtual law firm, spread across the country, to better process asbestos-related claims.

By Robert Freedman • April 13, 2023

How Streamline AI aims to help legal teams become more efficient

In-house counsel can use the no-code platform to better manage intake and automate high-volume workflows, among other functionalities.

By Lyle Moran • April 12, 2023

Build out a new CLM with buy-side contracts, Expedia’s ops chief says

Sell-side contracts tend to be more complex and your company doesn’t always have as much control over terms, making them tougher for templates and workflows.

By Robert Freedman • April 10, 2023

Legal seen playing key role in revenue generation

A majority of enterprise employees praise in-house teams for their work to accelerate deal cycles, a report found.

By Lyle Moran • April 7, 2023