Corporate legal teams are at a pivotal juncture, focusing on innovation and digital transformation for 2025. A recent survey by iManage, LegalMation, and Neota Logic highlights key trends:
Measuring Success: Legal operations are developing metrics to assess their effectiveness, emphasizing the importance of data-driven decision-making.
Generative AI Integration: While generative AI offers significant potential, teams face challenges in its deployment, including data security concerns and the need for specialized expertise.
Innovation Promotion: There's a concerted effort to foster innovation within legal departments, aiming to enhance efficiency and adapt to evolving business needs.
Automation and Contract Management: Prioritizing automation and improving contract management processes are central to streamlining operations and reducing manual workloads.
The survey also notes that 93% of respondents believe the role of legal operations professionals has expanded, reflecting their growing influence in driving organizational change.
In summary, corporate legal teams are proactively embracing technological advancements and innovative practices to navigate the complexities of the modern legal landscape.
https://www.law.com/legaltechnews/2024/12/17/legal-operations-at-a-crossroads-how-corporate-legal-teams-will-continue-to-drive-innovation-and-implement-digital-transformation-in-2025/?slreturn=20241227184503
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