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Legal Departments are under more pressure than ever before: challenged to balance the needs of an increasingly regulated, complex and fast-moving business environment with a post pandemic workforce, budgetary pressures and the demand to demonstrate measurable value. As the scale of the challenge has increased so has the range of legal technology options. It’s now near impossible to keep up with the number of new solutions coming to market.
With this array of choice comes an additional challenge. Most legal departments have now accumulated so many tools and technologies that they are struggling to simply manage them. Companies have various systems for different tasks that don’t talk to one another and are often vastly overdesigned for what is actually needed. It all adds up to poor adoption, higher than advertised cost, vendor overload and an embarrassingly poor return on investment.
Against this backdrop there are a growing number of vendors aiming to provide a more integrated, modular toolset based on enterprise thinking, and able to support multiple elements of a legal department’s operation from intake and matter management through contract lifecycle to vendor management and e-billing. These Enterprise Legal Management (ELM) tools are often not best of breed in any one area but offer a consistent interface, integrated workflow, aggregated reporting and simplified management and support.
In this on-demand webinar, panelists describe how legal departments are increasingly looking to and benefitting from ELM solutions – simplifying their legal tech landscapes at the same time as driving towards more efficient and effective legal service delivery.
Access the webinar now and learn how Thomson Reuters and Deloitte can help your legal department drive sustainable results.