by Kris Satkunas and Stephanie Beck Virtually every legal department is under pressure to reduce and tightly manage costs. And for most legal departments, legal spend cost saving with outside counsel represents a very large portion of that cost. In addition to...
By Madhavi Adivi, Senior Client Engagement Manager, LexisNexis ® CounselLink ® The emergence of Contract Lifecycle Management (CLM) as a powerful tool, especially with the integration of Generative Artificial Intelligence (Gen AI), opens new possibilities...
The office is often worse than home with paper (yes, there’s still paper) files collecting dust in the corner, digital files spread among remote storage, digital folders, portable hard drives, and the cloud. Add overflowing email in-boxes, folders and bookmarks...
The CounselLink ® 2024 Trends Report: Dynamics Shaping the Future of Legal , reports on outside counsel median partner billing rates and other data culled from the enterprise legal management platform benchmarking database. For the second straight year, corporate...
Legal department success is defined by being a strategic partner to the business, adhering to company goals, delivering quality legal counsel, and optimizing legal costs and resources. Put simply, legal operations professionals manage the procurement of technology...
Corporate legal departments of all sizes are restructuring their costs and rethinking their budget priorities to respond to anticipated changes in demand this year. According to the Association of Corporate Counsel’s annual survey , 45% of chief legal officers...