Meeting the challenges of legal departments head on: part one
Thomson Reuters Serengeti brings you a three-part editorial series looking at the ways modern technology is transforming today’s in-house legal departments. This first instalment highlights the importance of implementing a legal department management system, the second offers advice on how to convince your chief financial officer to release the necessary budget for the implementation and the third highlights ways to turn around your legal department in 90 days.
Legal departments are under increasing pressure to understand and track the work being done by external counsel, while successfully managing legal costs and maintaining compliance. As the scope and volume of legal issues that companies have to deal with has grown, legal departments are finding it increasingly necessary to turn to the latest work management solutions for spend management, matter management and reporting to track issues and help control their legal spend…
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In this second instalment, Rob Thomas assesses ways of convincing the CFO that new technology can do more than merely provide a return on investment.
In this final instalment, Thomson Reuters looks at the steps a new general counsel can follow in order to make a significant impact in the legal department.