What does it take to lead through the wake of a pandemic and manage a corporate legal department on the threshold of tremendous societal, technological, governmental and organizational upheaval? It’s a question many chief legal officers (CLOs) and general counsel have been asking themselves and their peers throughout 2021. For some, the answer has been present all along in the choices they’ve made and in the resiliency they’ve maintained amid a never-ending stream of challenges.
Continue Reading The General Counsel Report 2022: Leading with Endurance Through Risk, Culture and Technology Challenges

The professionals within corporate legal departments (CLDs) might be the living embodiment of knowledge workers: people whose main capital is knowledge and whose line of work requires them to “think for a living.”

Like a variety of other organizations centered around knowledge workers, CLDs are under pressure to find a way to work more efficiently, innovate faster, and get the most from their employees’ expertise. To get that edge and stay ahead, every resource counts – but in too many organizations, knowledge remains a valuable, yet untapped, asset.

There are several reasons why.

First among these is the challenge of simply finding documents. Knowledge workers report they spend an inordinate amount of time searching for specific pieces of content that are scattered and siloed across multiple systems. The information stored in documents holds tremendous potential, but that potential can’t be activated if workers are too overwhelmed to make the most of information spread between disparate sources, or don’t even know where to look.

Another key factor impacting the ability of organizations to truly tap into their knowledge is the remote workforce transformation that has taken place in the wake of the COVID-19 pandemic. Upwork estimates that by 2025, 36.2 million…
Continue Reading Tapping into Your Knowledge Assets

With the current focus on artificial intelligence (AI) as one of the biggest trends in legal technology, it is not surprising that more companies are now touting the AI capabilities of their bill review solutions. However, building an AI solution is not a simple process. When done right, it results in best-in-class technology that delivers maximum value. When corners are cut, though, or AI is built on lesser data, the result is a solution that cannot maximize the legal department’s ROI.
Continue Reading AI in Legal Bill Review: Finding the Best Among the Rest