In the Blickstein Group’s 14th Annual Law Department Operations (LDO) Survey, respondents revealed that their sphere of influence is expanding — thanks to their contract lifecycle management (CLM) systems. In fact, 48% of legal operations professionals cited contract turnaround time and cycle to signature as the most valuable contracting data. So, those who adopt legal technology — and transform themselves digitally — have a competitive advantage over those who do not. They are better able to shape the future of their legal departments and companies, too.
Ask yourself:
- Which non-traditional legal functions do you manage in your law department?
- How often are you involved in enterprise-wide strategic initiatives?
- How often are you involved in cross-functional objectives?
- What CLM data is the most valuable to you?
Learn more about using legal tech to integrate legal ops with the entire enterprise — and increase the impact of the function altogether.