Most common legal department mistakes

Posted by Sergio Esteve De Miguel on Aug 5, 2021 11:36:51 AM



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Topics: Legaltech, digital transformation, Legal Operations, Digital Business, Legal Department

The key role that Legal Operations Management plays in Corporations

Posted by Javier Peris Ayala on Jul 22, 2021 11:58:31 AM

Every company wants efficiency. Being a top corporation requires efficiency and hard work and that's exactly what legal operation provides. Legal departments are supposed to provide just this to make sure that all the work is done smoothly. Take the example of Silicon Valley that took the help of legal operations to get to where they are today and not only catch up to their rivals but also beat them.

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Topics: Legal industry trends, Legaltech, Legal Operations, management, Digital Business

6 Optimization tips that will boost your Legal Department

Posted by Javier Peris Ayala on Jul 15, 2021 10:03:21 AM

Legal operations refer to the operations necessary for a functional legal department. These operations ensure that legal departments can provide more effective legal services.

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Topics: Document automation, Legaltech, Artificial intelligence, Document management, Legal Operations

Best 5 Legal Operations Tools to stay ahead from your competition

Posted by Sergi Meseguer de la Guardia on Jul 6, 2021 9:35:46 AM

What are legal operations? 

Legal operations are the essence of every corporation. The legal industry is evolving with increased demand for legal services that continue to be trending in any form of business. It is responsible for producing efficient plans for in-house legal teams and enhances their work proficiency with better decision strategies. The set of activities are much broader comprising intra- and inter-functional collaboration, innovative legal solutions to the clients, managing financial matters, technology, vendor management, data analysis to maximize the effective delivery of legal services. CLOC's model is based on twelve core competencies that are divided into 3 layers, specifically foundational, advanced, and mature level competencies. In other words, legal operations have turned down the concept of in-house legal from "cost center" to "value-creator".

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Topics: Document automation, Contract management, Legal technology, Legal Operations, Legal Tools

Top 5 Legal Operations Trends in 2021

Posted by Sergio Esteve De Miguel on Jul 1, 2021 9:22:09 AM

In recent times, legal operations have morphed into a rather flexible aspect of most functional organizations driven by the need to provide business returns. Initially, in-house legal teams were tasked with mostly esoteric legal duties which could be executed by outsourcing.

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Topics: Contract management, digital transformation, Legal tech, Legal Operations

Legal Operations, a must for any legal department

Posted by Alejandro Esteve de Miguel Anglada on Jun 22, 2021 12:59:38 PM

Legal Departments are becoming more sophisticated in terms of the need to align with any company's strategies in certain areas. Increasing efficiency, training the legal team properly, adapting to the new times, selecting responsible suppliers are some of the keys that encompass legal operations.

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Topics: Legaltech, Legal project management, Document management, Legal teams, Legal Operations

What is proptech? And how is it impacting the real estate market?

Posted by Sergio Esteve De Miguel on Mar 18, 2021 10:18:09 AM

Property technology, better known as Proptech, has become one of the major topics that are discussed in the real estate market with billions of dollars invested towards innovating and enhancing it.

In fact, the first two quarters of 2019 witnessed record-breaking investments of $12.9 billion streamed into proptech advancements.

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Topics: Real estate technology, Proptech, Team management, Contract management, real estate market

Document Automation: 5 Ways To Boost Your Legal Team’s Efficiency

Posted by Sergi Meseguer de la Guardia on Mar 9, 2021 11:57:26 AM

Meet Jessica. She leads the legal team at a popular real estate firm. Her team is hardworking and dedicated - but she’s noted their performance has been faltering as of late. With heavier workloads, the team clearly wasn’t working as efficiently as they could be.

Each day they’d spend hours drafting complex contracts by hand, tediously copying and pasting clauses and explaining contracts to different parties. There were communication breakdowns due to poor collaboration between colleagues - and even some contract errors. For Jessica, it was evident: the legal team was placing all their energy into drafting legal documents, instead of supporting the real estate firm to really thrive.

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Topics: Document automation, Legaltech, digital transformation, Legal teams

Efficient Contract Management in Enterprises: Risk down, Compliance up

Posted by Bigle Legal on Mar 2, 2021 9:17:07 AM

Efficiently managing the "contract life cycle" can be a headache for many corporations. That is it is important to have a contract lifecycle management strategy in place.

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Topics: Legaltech, Contract management, Legal technology, Legal risk management

What is "contract risk management" and why should you take it into account?

Posted by Pau Martí on Jan 27, 2021 8:45:00 AM

Signing contracts to regulate the relationships that arise with suppliers and / or customers is something daily in many companies. 

These documents that we call "contracts" are nothing more than putting the parties' wishes in writing and are mostly fulfilled, but some of them may be breached, or at least part of the terms and conditions established by them. 

When that happens, the "contractual risk" that we will define below materializes and involves going to court to compensate the damages that have been caused.

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Topics: Contract management, Legal risk management, Document management